Eddy you are so right. Anything without a cashflow is (burnt) toast on the ASX.
I have a few junior explorers and all have been burned black as they have no cashflow from operations. The only deviation is FireFly Metals (FFM) which is an unbelievable exceptionally good story that will make a lot of people a truckload of money.
Let's hope Simon Phillips and Mark Caruso can stick to the timetable outlined above.
Cheers.....D
Ann: EMC Lodges Mining Proposal to Commence Mining at Mt Dimer, page-7
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Mkt cap ! $25.14M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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