BRU 0.00% 9.9¢ buru energy limited

CEOChair, The stats have it that when a corporate preso comes...

  1. 426 Posts.
    CEOChair,

    The stats have it that when a corporate preso comes out there's usually a CR soon to follow.

    I'm trying to assimilate the EOFY financial report and the 01/08/16 announcement - Balance Sheet Strengthening ... but the way I see it at a glance they are bleeding cash and they need ex amount for exploration and restarts if & when this were to happen.

    $25mill of there balance sheet is Alcoa's so I don't see there $13mill lasting to long if they have plans in the pipeline.

    Cheers
    nzrugby
 
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