AS1 asara resources limited

Ann: Appendix 4C - quarterly, page-6

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    They are about to spend 2.2M including the production expenses I guess. So the real shortcoming will happen from their capex. With 1M sales the previous quarter they only had 400k losses, but with 900k expenses for capital growth their shortcomings were 1.2-1.3M so in a sense if they spend gor capex the same amount again then it seems their money will end during this quarter...

    It seems they will need a CR very soon. In this case the SP is not waranteed.
 
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