Wow, $2.3m cash burn with not much happening during the quarter. I am watching REE explorers putting km's of drilling down plus met testwork and getting by in $1-1.5m a quarter consistently. Cash burn here is high, and unfortunately with 0.84 quarters of funding remaining another CR must be around the corner. Hang in there holders.
Any ideas what the $1.2m this q may have been for on exploration/evaluation spend given they didn't do any drilling that I am aware off? Cloncurry is paid by the Nippon JV.
Wow, $2.3m cash burn with not much happening during the quarter....
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.41M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 3723912 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 2023333 | 4 |
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| Last trade - 16.12pm 02/10/2024 (20 minute delay) ? |
| GBZ (ASX) Chart |
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