DRE 6.25% 1.5¢ dreadnought resources ltd

Ann: Trading Halt, page-37

  1. 396 Posts.
    lightbulb Created with Sketch. 62
    $20M is only 4 quarters at their most recent burn rate. Given the plan to go for 4 rigs, you would expect the burn to increase. there will be some dilution, why not go for $25-30m?
 
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