Just considering buying some more atm
SP at it's lows..
From the Quarterly: "The board is presently in final stage due diligence on several identified projects with the aim of maximizing shareholder value.'"
Cash reserves at approx $1.050m..
Cash burn quarterly approx $200k..
Interestingly though, Administration and Corporate costs for the quarter were $166k. There were no staff costs. $40k of the $166k was paid to director for fees.
Previous quarter: Admin/Corporate Costs= $143k, no staff costs, and $48k in Director fees.
Previous Previous quarter: Admin/Corporate Costs = $78k, no staff costs, $30k in director fees.
They will need to have something in the bag quite soon me thinks bcoz their cash is running out.
I wonder which Director is getting ~$40k a quarter..
imo I rekon they would be looking to wrap something up quite soon..
All in my opinion of course
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LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
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