I thought the photo might have been old sept/oct ones, but they have capture date on the bottom left, Feb 2021, and also upload date is Feb 2021.
Yeah so hopefully an update soon is in the works; based on what was originally budgeted for Mary Valley, and Devil's Elbow we had $500K in the kitty.
Recent Q2 Quarterly 2021 FY said have $556K left, and recent placement we have another $2M = so should be about $2.5M.
Review the Q4 2020 FY Cash Flow Report - we had $962K
Popal did an interview on Proactive Investors https://youtu.be/Q5UDN71O8u4?t=300
So basically at around 24/08/2020, the estimate expenditure for Mary Valley was about "half-a-mill".
Stage two drilling occurred 24/09/2020, and drill results reporting occurred in first two weeks of October.
Q1 2021 FY Cash Flow Report - we had $828K
Looks like there has been only about $406K all up on all projects spent thus far by 31/12/2020, so probably Mary Valley has some anticipated budget to spend.
Can see though the cash-burn is at very controlled rates; we could be firing all pistons but that would evaporate the cash, and be raising further cash at very low sp as a consequence. As mentioned before at the AGM, Ngalia basin got a lot of presentation time - but with drill rigs being all busy with the gold rush - we'll just have to wait for an open time slot and judging by it not paying the earth for the contractors. (good-times for them drilling crews in NT from what I heard, literally all booked up).
When the JORC report is complete that will trigger the $1M milestone payment to Cerium (not factoring however much it costs for the Geo analysis work).
And finalise 2nd completion then another $100K to Cerium also - along with 81M shares + 50M, 20M escrowed options.
- Forums
- ASX - By Stock
- EPM
- 2 cent SP coming soon
2 cent SP coming soon, page-73
Featured News
Add EPM (ASX) to my watchlist
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.00M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.8¢ | $6.866K | 858.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 891691 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 747528 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 891691 | 0.008 |
6 | 4294286 | 0.007 |
8 | 4615805 | 0.006 |
10 | 4051145 | 0.005 |
3 | 2487888 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 747528 | 2 |
0.010 | 547907 | 2 |
0.011 | 2442422 | 3 |
0.012 | 1412983 | 6 |
0.013 | 767982 | 2 |
Last trade - 15.58pm 28/06/2024 (20 minute delay) ? |
Featured News
EPM (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online