The cash burn per quarter is only around $600 k at most at the moment since they are only doing low cost sampling and surveys so plenty of cash on hand ...around $3 mill right now ?
They wont be needing to do another raise before early mid next year .
They can drill a fair few holes at Ecuador and Juazeirinho for $700k and and a heap of augar drilling at the clay projects for a similar amount ....massive news flow coming in the next 6 months but no CR.
- Forums
- ASX - By Stock
- Ann: Further High-Grade Niobium Results from Equador - Brazil
The cash burn per quarter is only around $600 k at most at the...
-
- There are more pages in this discussion • 105 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
Add SUM (ASX) to my watchlist
|
|||||
Last
18.0¢ |
Change
0.010(5.88%) |
Mkt cap ! $12.93M |
Open | High | Low | Value | Volume |
17.5¢ | 18.5¢ | 17.5¢ | $50.12K | 277.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 24999 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 100000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 24999 | 0.180 |
2 | 40000 | 0.175 |
2 | 54702 | 0.165 |
3 | 100000 | 0.160 |
2 | 56458 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 100000 | 2 |
0.190 | 75800 | 4 |
0.195 | 100000 | 1 |
0.200 | 275100 | 4 |
0.205 | 30000 | 2 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
SUM (ASX) Chart |