CBY 0.00% 2.5¢ canterbury resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

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  1. 2,198 Posts.
    lightbulb Created with Sketch. 335
    shittiest management team on the asx.
    They have no interest in doing anything themselves. Just reviewing historical workings in the hope a JV partner comes along and free carries them. worst part is the projects actually look good

    500k cash on hand
    burning 330k a qtr on staff and admin
    -what cash reserves are they talking about ????


    https://hotcopper.com.au/data/attachments/3416/3416395-9801db879bacaa9bc229334a9e1c1996.jpg
    https://hotcopper.com.au/data/attachments/3416/3416397-1cff4ac92f2dff5ca8637f9bd43eae74.jpg
 
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