How bad is your maths? $8.2m a quarter x 8 quarters in 2 years is $66m.
Are they not trying to secure an additional rig also? So increase that quarterly exploration cost and you’ve got until March QTR next year and then you’re sitting on less than 2 QTRs of funding.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-14
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Last
$1.26 |
Change
0.005(0.40%) |
Mkt cap ! $239.4M | |||
| Open | High | Low | Value | Volume |
| $1.25 | $1.29 | $1.24 | $751.6K | 600.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 16852 | $1.25 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $1.26 | 3997 | 1 |
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| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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$1.26 |
Change
0.005 ( 0.59 %) |
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| Open | High | Low | Volume | ||
| $1.27 | $1.28 | $1.24 | 117087 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| WR1 (ASX) Chart |