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7.14% 1.5¢ great northern minerals limited

This quarter cash burn is 1.5 million. This quarter ends on the...

  1. Zammita
    3,246 Posts.
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    30/11/18
    10:02
    Post #: 36699941
    This quarter cash burn is 1.5 million.
    This quarter ends on the 31st Dec.
    So for next quarter there will only be
    1.1 million.
    We are talking about drilling next quarter which will cost a significant amount of cash and also 4 extra guys to pay.
    Capital raise is going to happen very soon
    so projects can progress.
    This info is taken from the last quarterly.
    GPP Price at posting: 0.4¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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