The sale only contributes an upfront of $500K.
Also look at the cash burn rate
Current cash burn will probably result in nil cash by year end, unless a new deal(s) can be done. Unlikely, although a trade opportunity may present on a (needed) pump and dump.
- Forums
- ASX - By Stock
- CNW
- Ann: Coal Sale - Two leases sold for $3m
Ann: Coal Sale - Two leases sold for $3m , page-27
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
CC9
Chariot Corporation (ASX:CC9) refines Black Mountain strategy, launching Pilot Mine to seize U.S. lithium opportunity
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost