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5.00% 9.5¢ rocketboots limited

what i want for christmas, page-15

  1. miningnut
    10,846 Posts.
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    27/05/10
    01:05
    Post #: 6739830
    Getting back to some serious fundamentals, I'm concerned by the fact that their cash balance increased by less than $7mil in Q1 after spending only $2.5mil on development & exploration - if they intend to spend up to $80mil on devel & explor in 2010 it would appear their cash balance will be straining to remain above water - anyone with ideas on where their cash from a decent sales figure of $50mil went in Q1.
    ROC Price at posting: 33.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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