Exactly- Reason for CR goes against quarterly reasons re. future cash flows & business continuance.
"the company will reduce its exploration and studies costs over the next quarter".
Q. So why purchase new tenements recently in WA at a time when funds are reducing,no foreseeable income and expose the company/ SH to more risk? Whats the matter with focusing on what they have to a commercial stage and farm out to a capable partner if BOD don't want to develop. Are we just building the pipeline to continue the life style company.
Narrative/ strategy very wishy washy now after so many years. Hard to take at face value . Share price would suggest confidence is going to make any future funding challenging for the company with existing SH being further diluted.
Detail of drivers and timings is very thin in all communications- So how did they come up with the CR amount and what happens after that is spent? Please explain but not counting on it. GLTA. now waiting on sell out window.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Exactly- Reason for CR goes against quarterly reasons re. future...
-
-
- There are more pages in this discussion • 5 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 CRI (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $29.39M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $47.96K | 4.365M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 8709595 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 5473603 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 8709595 | 0.010 |
12 | 5478834 | 0.009 |
4 | 3180000 | 0.008 |
6 | 1613928 | 0.007 |
3 | 4085000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 5473603 | 13 |
0.013 | 6702850 | 16 |
0.014 | 6357553 | 10 |
0.015 | 2020984 | 4 |
0.016 | 176000 | 1 |
Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
Featured News
CRI (ASX) Chart |