last quarter they lost about $1.25m in trading and another $1m in exploration.
they had access to about $2.5m in cash and about $7m in asset finance (which you can’t use for working capital) the price of phosphate hasn’t changed and they are still paying a discount for the broker and quality of phosphate.
so cap raise would have to be on the cards.
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Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.74M | |||
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