Previously the burn rate with 5 rigs was 3m / month so 9m per quarter.
53m (31 Dec 2023) therefore would last 5.9 quarters to mid-2025.
CE said recently (March 2024) they have enough for an easy 12 months / 4 quarters, i.e. to March 2025.
That seems to imply they expect to burn an average of 3.6m /mo from Dec 2023.
3.6 * 3 = 10.8m per quarter
53m / 10.8 = 4.9 quarters
Dec 31, 2023 + 4.9 quarters = late March 2025.
A reminder, if you want a better experience of the forum, put @kevin103 on ignore.
- Forums
- ASX - By Stock
- WR1
- WR1 General Discussion
WR1 General Discussion, page-26905
-
- There are more pages in this discussion • 4,177 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WR1 (ASX) to my watchlist
|
|||||
Last
76.5¢ |
Change
0.005(0.66%) |
Mkt cap ! $164.5M |
Open | High | Low | Value | Volume |
76.5¢ | 78.0¢ | 74.5¢ | $493.9K | 651.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 43997 | 75.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
77.0¢ | 10476 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 43997 | 0.750 |
1 | 5000 | 0.745 |
1 | 15000 | 0.740 |
1 | 1300 | 0.735 |
2 | 10024 | 0.730 |
Price($) | Vol. | No. |
---|---|---|
0.770 | 1000 | 1 |
0.775 | 7376 | 2 |
0.780 | 2160 | 1 |
0.790 | 60000 | 1 |
0.795 | 29946 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
WR1 (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online