well it seems I have my answer now the half year reports to dec 31st have dropped
no development expense so the last qtr to march 31st has had an increased cash burn of 940 k to essentially get approval for land to build and with no finalisation statement on the latest release , it would be my opinion that the increased burn rate will exist for another qtr
that shaking of the can is looking closer and at these prices the dilution will be significant, no wonder the price is crashing faster than any other Nickel Junior
so many new SOI coming in maybe a consolidation will be on the cards
all my opinion not investment advice do your own research
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- Ann: Quarterly Appendix 5B Cash Flow Report
Ann: Quarterly Appendix 5B Cash Flow Report, page-6
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Mkt cap ! $12.58M |
Open | High | Low | Value | Volume |
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26 | 35473249 | 0.008 |
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7 | 4636726 | 0.006 |
8 | 16716667 | 0.005 |
Price($) | Vol. | No. |
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0.011 | 6252019 | 16 |
0.012 | 6259313 | 16 |
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0.014 | 3755691 | 12 |
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