NWC new world resources limited

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

  1. 329 Posts.
    lightbulb Created with Sketch. 124
    Estimated quarters of funding available - 1.76

    ''The Company expects to be able to raise requisite funding in the future based on
    the results to date at the Antler Project, including the results of the 2024 Pre-Feasibility Study, and its past record for raising finance
    ''

    Anyone who has bought shares here since July 2020 and is still holding is in the red, unless you happen to have bought in the last few months or been able to average down significantly.
    The resource has been explored and has been firmed up significantly, the deposit grades are known, the pathway to production is clearly documented.
    And the result of all this is we are hovering at the lowest SP we have seen in years and we have 1.76 quarters of funding left.

    Hmm.......
    Last edited by Lurker99: 30/10/24
 
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