STM 11.1% 0.8¢ sunstone metals ltd

Ann: Quarterly Activities and Cashflow Report, page-27

  1. 1,316 Posts.
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    WRhino, I understand your fear and insecurity. You raise some good points. For me, the headline numbers are what counts...
    $1.1M cash burn for a paltry 624m. Yes, I too am worried about this ratio, it needs explanation.

    More importantly, this is a pure exploration company, drilling only shallow holes atm, with an abundance of promising targets and, on paper at least, run by an all-star team with a proven track record. So, why on earth we only drilled 624m in the period is extremely concerning!! What is going on!??

    And there is no explanation!


 
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