Lets hope its not 2025 because I cant see how they will survive till the end of the year if they continue to lose money at the current rate. Yes they are purchasing equipment and with that comes commissioning and the ramp up - which takes time. But what concerns me is that even with the mining they have done the negative cash flow, rather than reducing, actually appears to be accelerating!
The trend line towards profit should be flattening (at the least) and starting to trend up, but its not.
Im not worried by anyone slamming my posts. Actually I find it funny, especially after they said I was being put on ignore.
Lets hope ScottM is right in saying that 200T per month is around the inflexion point. We'll see soon enough.
Lets hope its not 2025 because I cant see how they will survive...
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Last
4.6¢ |
Change
0.001(2.22%) |
Mkt cap ! $92.91M | |||
| Open | High | Low | Value | Volume |
| 4.6¢ | 4.6¢ | 4.6¢ | $8.215K | 179.4K |
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| No. | Vol. | Price($) |
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| 4 | 530841 | 4.5¢ |
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
4.6¢ |
Change
0.001 ( 2.22 %) |
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| Open | High | Low | Volume | ||
| 4.6¢ | 4.6¢ | 4.6¢ | 105360 | ||
| Last updated 15.48pm 31/05/2024 ? | |||||
| EQR (ASX) Chart |