No that is just cash in the bank, we have another $16M from the banking facility. But still, this is not going to move the needle at all. A company that does not make money, has proven that it is exceptionally inefficinet compared to its peers, will need hard cash in the bank or bankable offtaker. No one is buying the story or the timetable that keeps getting updated.
Market Cap of 85M against 32M cash should be telling. No ones opinion excpet the general market's matter, and the Market Cap is market's opinion.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-7
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Last
72.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $145.6M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1388 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 12801 | 1 |
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