SRL 0.00% 42.0¢ sunrise energy metals limited

Ann: Clean TeQ Sunrise Project Update, page-7

  1. 34 Posts.
    Just a feeling I'm getting.
    From the quarterly the estimated outflows for this quarter are just over 18m, and the company had 40m at bank at the end of Dec.
    Revenue isn't enough to offset it, and it's normal for companies to raise before they start running into their final quarter of funding as there would be too much risk in that.

    Unless there's something I'm not considering here?

    Which could be the case, I'm relatively new to all this.
 
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