I recall being passively abused by a WIN poster for calling a 16c capital raising based on quarterly cash burn. I still stand by that comment. They don't have enough cash to get to revenue production no matter how close to the surface the lithium is. The market is starting to get that by the looks of it. Only gets worse if they rely on DSO cash flow to fund in-house processing - DSO wont generate that sort of free cash flow. This pending September market update and that big nickel find is the key now to avoiding a sub 20 cent raise.
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