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0.00% 1.1¢ emperor energy limited

717000 left

  1. lifesgood
    804 Posts.
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    31/10/12
    17:32
    Post #: 10939217
    This is why I am concerned.
    Cash at sept 30 2012 3067000
    Cash at outflows expected in next quarter 2350000
    Leaves 717000

    Not even 9 months of cash left after the drill is payed for.
    A CR is really required right now to ensure viability of the company going forward. What price will the CR be at, 1.5 or 2 cents?
    OBL Price at posting: 2.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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