TX3 0.00% 0.2¢ trinex minerals limited

Ann: Boardroom Radio Broadcast - Mr Will Dix, page-14

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  1. 3,054 Posts.
    lightbulb Created with Sketch. 149
    Thanks mm3, I stand corrected.
    But also note that the quarterly cash statements are basically that, a cash balance, and don't take into account any unpaid invoices, which during an active drill program can be quite large.
    However the cash situation is certainly much better than I thought.
    I am always in favour of a company raising cash and staying well funded, but maybe we can get to early next year before we see another.
    It bodes well for a tight share register in coming months.
    Motivated buyers will have to pay up.
    Cheers
    Gosouth
 
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