Bacci, I did say 'as things stand' so I'm just going by currently available information and since POS has made no signals to the market as to their intentions of 'hunkering down' I'm just assuming current cash burn will be on the same trajectory until they say otherwise. Your post suggesting the war chest lasting for 6 years assumes that they would be in hibernation mode as of right now which isn't the case.
Also, last time POS 'hunkered down' they didn't have 2.6 billion shares on issue. Capacity isn't there to do that this time without a consol which would be a catastrophic wipe out for current holders.
Lucky the cupboard is full, page-23
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.01M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $20.95K | 4.192M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 66 | 64713594 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 963797 | 4 |
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| Last trade - 15.24pm 08/11/2024 (20 minute delay) ? |
| POS (ASX) Chart |