WFE
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0.00% 2.4¢ winmar resources limited

Ann: Quarterly Reports, page-21

  1. Cosmoterios
    18,619 Posts.
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    08/07/19
    15:35
    Post #: 39423302
    Well, unless they are working for free, according to my calculations: admin and corp costs 60k and salary of $20k. Then as 30 June 2019 (one week ago), the company has $38k left.

    Not enough to pay for another quarter of admin and corp costs.

    This is the make or break quarter: it need to be able to borrow money or raise money, otherwise it would not be able to meet its running costs for the quarter.
    WFE Price at posting: 2.4¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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