It looks like we have 3 quarters worth of cash burn before they run out. cap raise on the cards before the year is out just to get operating cash, which is a little disappointing. hopefully the maiden JORC and possibly some more news on partners/permitting can come out to lift the price before any cap raise. I also hope they get an investor presentation out quick smart to say what they will be up to this quarter.
CAY Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
