Extreme risk here. If you ignore the value of the 'exploration assets', the BS gearing is around 156%and with almost 1.9m in current liabilities, so it all hinges on whether they can become profitable, not just have cashflow, who holds the debt and what are they likely to do to secure their repayment? Recent rights issue cash didnt seem to last long.
$1.5M Cap Cash Neutral Silver-Gold Producer, page-3
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