Hi Dc1234,
Good post, i was on the side of AGE having plenty money for next 18 or so months with focus more on samphire, but in reality, even 18M wouldnt be enough for all 3 project areas going at the same time... NT is near drilling phase, and also big lake. Its logical that samphire drilling with preperation cash burn was 2m, now with all 3 in drilling phase it would be about 5m burn per qtr. When is the timing ever right in a bull market ?.. i think Greg's view is that a CR now to get done and dusted followed by news flow and a " catch up" share price over time. lets see what unfolds..
AGE Daily Report, page-402
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Last
4.4¢ |
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Mkt cap ! $174.1M | |||
| Open | High | Low | Value | Volume |
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