Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3

  1. 8,291 Posts.
    lightbulb Created with Sketch. 787
    Cash burn is light, that's true, but so is the news flow..

    What to make of this paragraph below?, with MGT struggling so shockingly it's hard to believe the magnetite space has any positive surprises in the wings.

    ""Stage 2 of the Strategic Investor process, which involves detailed technical data room reviews, is now underway. As part of the ongoing engagement with the Strategic Investors, Hawsons is providing regular briefings on its progress with Process Optimisation Study and investigations into secondary by-products. Further updates on the strategic investor process will be announced as soon as the Company is able to do so.""

    After a promising start to October, we are ending it in the hole
 
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