NWR northwest resources limited

cash declines

  1. 12 Posts.
    Cash at the beginning of the quarter reduced from $2,460,000 to now $670,000 (as per March 31) which is not much.

    I guess a PP with new shares is ahead. Could cause some pressure on s/p.

    I miss how NWR will fund the development of Blue Spec in the quarterly report. Seems to be a major challenge.

    It´s not the time to buy now imho. Wait and see. A further drop in s/p could give us a great opportunity.
 
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