UCL ucl resources limited

share price being played with, page-29

  1. 1,118 Posts.
    re: societe generale also behind pdn $1.45 million spent on exploration and evaluation for the 1/4.

    $370,000 on administration for the 1/4... that seems high?

    Could the feasibility study alone have cost $1.45 million to produce, or should we be expecting some more drilling results soon?

    If we continue to burn cash at this rate, we will be passing the hat around again this time next year!
    Lets hope the SP has somewhat improved by then, or else the dilutionary effect is going to start to have an effect.

 
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