HVY 2.04% 12.0¢ heavy minerals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

  1. 1,983 Posts.
    lightbulb Created with Sketch. 1605
    From the quarterly:

    $320,000 left in the bank as at end of June.
    Heavy estimated 0.6 quarters of cash left.

    We are now 1 / 3 the way through the quarter.

    Talk about cutting it fine to address liquidity.
    No real news flow to excite the market anytime soon with the PFS due in January 2024 at best.

    They just need to raise, roll up the sleeves and get to work again. The marketing roadshow hasn't worked to get the price higher to raise despite their best efforts.

    https://hotcopper.com.au/data/attachments/5472/5472190-edbcc2e76612f566b057e27d908cce85.jpg



 
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