SUV 8.70% 5.0¢ suvo strategic minerals limited

Ann: December 2018 Quarterly Report & Appendix 4C, page-98

  1. 267 Posts.
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    How can a company with only a few employees and no large manufacturing facility burn 700K a quarter!!? That is 230K a month, those are huge costs! Has anyone addressed this with Kobi / the company? We're out of cash in 4 months pretty much, with no revenues. I think right now the only reason to hold is that this has a value as a shell: market cap of under 5 mill could make this a cheapish way for another entity to list tbrough a reverse take-over. 
    Last edited by Jandy: 05/02/19
 
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