They have just raised $18m and had $11m in the bank at end of June. They are currently burning $5m a quarter but suspect they'll control that.
So, from here, they have at least 4 more quarters, a year, before they need cash. So just wonder why you are saying the sky is falling and another CR is needed and dilution is on the way.
Just misinfo, sorry, get your facts straight.
Copper Price news, page-969
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Last
2.0¢ |
Change
-0.001(4.76%) |
Mkt cap ! $30.51M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.0¢ | $25.12K | 1.182M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 569999 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 1179218 | 3 |
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| CYM (ASX) Chart |