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Ann: Quarterly Activities and Cashflow Report, page-7

  1. 1,093 Posts.
    lightbulb Created with Sketch. 273
    Can someone explain to me why the IO operations are still progressing. It is a break even operation at best. The expectation was that operations this quarter would add to the cash position which has not happened

    No wonder they needed to raise cash. I would expect another raise this quarter

    https://hotcopper.com.au/data/attachments/6348/6348899-126174af90c65579b22ceba7763217d2.jpg

    6 mill prop has gone at .01 this is only going lower from here
 
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