Mondy, I’m happy to read alternative views to stocks. But feel this is a bit of a lazy take here. The vast majority of qrtrly spend is related to drilling and other BFS activities. Drillings now finished and there is a slow down of other BFS activities. To take this cash burn as a consistent average for a quarter I feel is off the mark.
HIO Price at posting:
11.3¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)