Bit of a cryptic crossword this one, but basically the cash they have available (taking into account minus 1 month cash burn post this report, plus $1m from the placement) is the Tranche 2 Nebari facility that's dependent on digging new ore (plus the promise of the delayed $4m from the placement minus another month of cashburn). To say they are trying to thread the needle is an understatement - mining restart on the smell of an oily rag. If they pull this off it will be a miracle of astonishing proportions.
Ann: Appendix 5B Quarterly Cash Flow Report, page-2
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Mkt cap ! $42.09M | |||
| Open | High | Low | Value | Volume |
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| Last trade - 15.41pm 07/06/2024 (20 minute delay) ? |
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Change
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| Last updated 15.38pm 07/06/2024 ? | |||||
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