Dudspec, he seemed quite frustrated to be honest. I can't answer your question on how long the cash will last however quarterly results on expenditure should be used as a guide and these should continue to decrease.
JP also stated that the share register is being punished due to small holders selling small chunks whilst the instos on the register were happy to hold and agreed on the current the strategy.
All in all, JP has always been very responsive to my queries however that doesn't turn the SP around. Patience is the key however I do have moments considering how long I continue to suck on a potential lemon. I am prepared to give it another 6 to 12 months and let Gladstone etc fire up, if there's no action once these have been in production for a while then I guess the games up for me.
GLA.
Cheers,
Kosy
BUL Price at posting:
4.9¢ Sentiment: Hold Disclosure: Held
