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1.3¢ artemis resources limited

Ann: 5,000m Diamond Drilling Programme for Carlow Castle, page-7

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marxist

721 Posts.

47

01/04/19

09:33

Post #: 37946397
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Originally posted by Pary: ↑

Yes, we do! It's a normal procedure that capital expenditure of this value has to be approved by the board.
Below pasted from last half year report issued on 13 March:
"CURRENT ASSETS Cash and cash equivalents 6,087,747"

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No we don't! $6m as at 31 December. Forecast burn for up to 31 March was $3.2m. Therefore as at TODAY we likely have less than $2.8m left. I also note ARV always spends more than they forecast, so $2.8m is likely over estimating the CURRENT cash position.

ARV Price at posting: 5.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.3¢		Change 0.002(18.2%)		Mkt cap ! $24.91M

Open	High	Low	Value	Volume
1.2¢	1.3¢	1.2¢	$31.05K	2.512M

Buyers (Bids)

No.	Vol.	Price($)
1	120000	1.2¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	443425	1

View Market Depth

No.	Vol.	Price($)
1	120000	0.012
2	338969	0.011
12	2553409	0.010
6	3195554	0.009
7	4766375	0.008

Price($)	Vol.	No.
0.013	443425	1
0.014	2595605	6
0.015	1078621	3
0.016	704614	4
0.017	1675000	5

Last trade - 16.10pm 07/10/2024 (20 minute delay)

ARV (ASX) Chart