AMD arrow minerals ltd
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cap raise?

  1. rcltex
    213 Posts.
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    12/07/16
    21:46
    Post #: 18254251
    Hi guys, good to see a bit of activity over here. can some one just clarify for me the cash position.

    am i right in saying you have a quarterly cash burn of circa 150k and around 300k on hand 6 months and the board will be scrounging round for cash i can't see any revenue coming for a long time I'm guessing we will cop a few cap raises and a fair bit of dilution to get this off the ground? not down amping just wanting to hear your opinions. GLTAH
    SEG Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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