HVY heavy minerals limited

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

  1. 73 Posts.
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    Well, of course an update musr be tomorrow).... or imminent.

    0.1 quarters of funding left ($47,000) at end of June and here we are... end of July. Must be no cash or monies owing for wages on those calcs.

    Agree, sounds like the royalty is coming.
    As a holder, I hope it's the last one to see us to a completed PFS.

    Disappointing the PFS is now delayed as far as completion goes - now 2025. I am happy enough to wait as that is the catalyst here (where the economics start becoming real and derisked) but reading the quarterly, nothing happened during the quarter on it and I am making the assumption it is due to conserving cash.

    As I have said, good simple project on the cards here but we can't continue to run the cash to zero that is not prudent governance by management.

    Patience the key, like many good prospects.
 
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