$2MM in exploration and administration costs for the quarter. 'Burning the furniture' by selling undeveloped tenements on the cheap.
CFE has cash to last 9 months before another cap raise or sell down of the European Lithium stake for a pittance.
I see a slow and painful death for CFE unless a miracle occurs and iron ore takes off again.
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- Ann: Quarterly Activities Report and Appendix 5B-CFE.AX
Ann: Quarterly Activities Report and Appendix 5B-CFE.AX, page-6
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