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0.00% 4.9¢ suvo strategic minerals limited

they spent about $950k in the previous quarter. this quarter...

  1. rjbr
    230 Posts.
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    09/10/18
    09:04
    Post #: 36045227
    they spent about $950k in the previous quarter. this quarter they are estimating a cash outflow of $850k. they still have $2.2M in the bank. in the coming quarterly report im expecting about $1.3M in cash left. they will likely get a few millions in R&D tax rebate too.

    so why is anyone expecting a CR now? if anything im expecting it to come around December/January after they hopefully announce a deal.
    UTR Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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