BRV 0.00% 35.8¢ big river gold ltd

Hi Hotdog, it's always good to hear your positive input. It...

  1. 1,569 Posts.
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    Hi Hotdog, it's always good to hear your positive input. It makes for a pleasent change to my moaning.

    Could I ask a favour. I believe you have a direct line to someone on the board or at least close to someone on the board. The favour I'm asking is if these questions could be asked to anyone influential. I don't need a reply, I'm more trying to get a point across.

    Questions as follows:

    Is the board happy to Capital Raise in the future at somewhere south of 4 cents? If the answer is "No", what is the board's option B if it's not a price sensitive question. If the answer is "Yes", does the board realise that unless there's a re-rating in the SP, CAS is then well on it's way to having 1 Billion plus shares in twelve months at current cash burn rate?

    If in twelve months things are back on track and CAS's market cap hits $60M. That still equals 6 cents a share with a Billion shares. Time to rein in Administration costs.

    Thanks in advance Hotdog, I understand if you can't or wish not to convey this request on, also no need to reply, cheers.
 
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