SBL 0.00% 0.1¢ signature metals limited

cash burn

  1. 4,578 Posts.
    So what happens if this joke bidders statement keeps getting dragged out and most likely terminated.. With next to no cash in the bank ( $250k est last Q) est cash costs of $5 million approx next Q. Where is the funds coming from? As we can assume cash costs to produce are still high, even though these clowns are giving the market the real figures on this.
    What are they going to do?

    Also I am really surprised ASX has not put a query on this.. As I have seen them put many a query on other companies in same position..
 
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Currently unlisted public company.

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