Relatively new to the forum, but isn't the cash burn only that high because they're pushing ahead with plant equipment?
Last Quarterly staff expenses were at ~$1.7m
Not sure where this fits in, but if RE prices due to China's manipulation is a barrier - couldn't HAS just go into Hibernation on a skeleton crew until project feasibility improves?
I guess there's the issue of Wyloo's loan and ongoing inflation blowing out Capex.
Are there any odds on a Takeover offer?
Ann: Renounceable Rights Issue to Support Yangibana Development, page-54
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