VMM 1.54% $1.65 viridis mining and minerals limited

Ann: Colossus Exploration and Development Update, page-40

  1. 163 Posts.
    lightbulb Created with Sketch. 180
    in terms of a coming CR... please read the last Qtrly Cash Report. VMM had about 3.6m after the last raise. The cash burn is about:
    Exploration - $500k
    Corp & Admin - $220k
    Working Capital - $315

    approx $1m per qtr.

    let's see what the coming qtrly tells us... we should have a cash position of about $2.6m giving us running room to the end of Q2.

    All IMHO.
 
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