The fact it was $1.2 million on March 31 is not a bad thing. They spent $14 million+ above their income in the March quarter. They've survived a month into this 1/4 on that $1.2 million indicating the cash burn is much slower, and haven't at this stage flagged a raise. If they've survived a month on that $1.2 million they're not far off cash flow neutral, with production rates on the improve.
Reaper.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-12
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3.0¢ |
Change
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Mkt cap ! $30.12M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.2¢ | 2.9¢ | $60.99K | 2.011M |
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| No. | Vol. | Price($) |
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| 2 | 106304 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 3.1¢ | 50000 | 1 |
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Change
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| Open | High | Low | Volume | ||
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