Good evening lads,
They have around 2 quarters to do something before we run out of money again. Burn rate around 260k per quarter. I think something may happen within the next two quarters so they could raise a big chunk of money at higher price. We got to find some money to do the drilling for that shaanmei block. No use getting people to find areas to drill when we don't have money.
Pretty blunt wording on the longmei jv???
Hopefully tommy will pull something out of the woodwork and dual list us
Its always price sensitive but I have no idea why.
Ann: Quarterly Activities and Cashflow Report, page-5
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5.2¢ |
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Mkt cap ! $48.45M | |||
| Open | High | Low | Value | Volume |
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