yeah have to agree cahs burn is still going to be a problem
the cash burn reduced from approx 4.9M June qtr(balance 7.9M) to approx 3.1M Sept Qtr (balance 4.8M).. unless they received the outstanding 1.4M from Hindmarsh which would make their spend approx 4.5M
as I predicted forward plan is to aggressively pursue Paris to increase resource and they have announced this via the preso which is earlier than i anticipated
question is can it be kicked off and produce results before next cap raise.. i certainly hope so
yeah have to agree cahs burn is still going to be a problem the...
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Last
4.6¢ |
Change
-0.001(2.13%) |
Mkt cap ! $72.85M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.6¢ | 4.5¢ | $79.05K | 1.728M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1883605 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 144161 | 1 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| IVR (ASX) Chart |