ETM 0.00% 2.5¢ energy transition minerals ltd

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7

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  1. 3,515 Posts.
    lightbulb Created with Sketch. 879
    something like 0.35-0.40% on that at Call Account. (not sure the logic on that, Bannerman for instance has been paying 90% of the staff wages from a relative high yield business bank account. DM might not have looking at the operational costs too closely thus far. (a drop in the ocean compared to the current cash burn. but if you can pay some admin costs with interest - why the hell not.

    The 5 quarters doesn't include intended exploration and initial drill programme for the new lithium tenement.
    6 month escrow on the issued script (so at about August share price need to hold) - but that is about 2 Quarters cash burn at that point.

    Website update soon (TBC the new project landing page) , I think PDAC if they are going again (its coming up in March) - sadly literal energy transition metals sector getting hammered by the running down of supply.




 
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