So we have to wait until March for the results. Let’s hope it’s early in the month and they don’t leave us hanging.
They are pretty keen on this Pollucite. I had never heard of it before but it seems to be rare and expensive so hopefully could be a cash boosting byproduct of the lithium exploration.
They are also using pretty positive language about the potential lithium deposits which, while I know doesn’t account for much without the assay results, is still a good sign.
They have $1.9m left in the bank and spent $966k for the quarter. $611k of that was on drilling/exploring so you’d assume there’d be very little spent on that this quarter while waiting for the results.
$361k were admin and corporate costs, so they have around 5 quarters left of funding without any further drilling, and 3 quarters if they are drilling. The director is getting paid $160k per quarter ($640k pa). Pretty sizeable wage for a small company. Let’s hope it’s justified and we all see the results we’re hoping for.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
So we have to wait until March for the results. Let’s hope it’s...
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TYX (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.79M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
12 | 7559596 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 13033293 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 7559596 | 0.004 |
11 | 7128758 | 0.003 |
9 | 7138897 | 0.002 |
8 | 17588888 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 13033293 | 25 |
0.006 | 4565567 | 8 |
0.007 | 983500 | 3 |
0.008 | 1372154 | 5 |
0.009 | 18962 | 1 |
Last trade - 16.12pm 03/10/2024 (20 minute delay) ? |
Featured News
TYX (ASX) Chart |
Day chart unavailable