ARH australasian resources limited

cash burn rate

  1. 1,490 Posts.
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    We are burning cash real fast and given our status as a non producer with no recurring income, have a top heavy management structure including a managing director, general manager, mining manager plus at least two project directors plus others. Surely this farce cannot continue much longer as we have only around $7.5 million left, having burnt around $7.5 million in the previous quarter.
 
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Currently unlisted public company.

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