HLX helix resources limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-18

  1. 506 Posts.
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    Burning through the cash like there is no tomorrow, if they keep this rate up they will have torched the entire $12 million soon.
    Drill results have been way less than impressive and virtually no mineralisation of economic subsequence found outside of the already mined deposit. The recent selling and price action reflects the poor performance of the company.
    In my opinion, this is why the latest performance shares for md are tied to just drilling holes in the ground. dyor
    Last edited by PercyPenguin: 06/05/23
 
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