QXR 0.00% 0.6¢ qx resources limited

Ann: December 2021 Quarterly Reports, page-4

  1. 982 Posts.
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    Robust Quarterly which I had hoped would clear a few things up for some.

    Cash position is $900K plus $300K in liquid assets should that be required as well. This translates to, unless required for a left of field reason or the opportunity arises on the back of some very good results news, QXR is fully funded for the next 5 months. I think is important information regarding my afore mentioned issue of a CR which should be done in the 4's at minimum. By having this detail out in the quarterly, while it is expected that QXR will need to obviously raise capital soon, it isn't necessarily right now.

    As for the projects moving forward, it would seem that QXR is positioning itself well, finally. They just need to capitalise on these opportunities now. It takes good management to realise the true potential and make it tangible. Let's see what QXR is made of.

    All the very best to all holders.

    TOWB
 
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