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4.55% 2.3¢ provaris energy ltd

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  1. Hiro
    675 Posts.
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    29/09/20
    09:43
    Post #: 47697785
    Based on their current cash balance, and cash burn per quarter of around $250,000 , the last announcement which detailed their financial reports estimated they have around 5 quarters of cash.

    So 3rd quarter 2020, 4th quarter 2020, 1st quarter 2021, 2nd quarter 2021 .... etc .... is funded.

    This is a clear message that no capital raise is expected this year.


    GEV Price at posting: 6.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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