I'm glad they've cleared this up so, much less cash burn expected! There will be much more than the 1.12 Q's of cash left but, had to include the sums..
"...the current level of net operating cash flows will not continue in the short term.
The December 21 quarter included significant drilling, whereas over the past couple
of months less drilling has been undertaken with recommencement to occur once
the 2022 calendar year plans have been finalised, which will incorporate infill and
exploration drilling. The Company is currently progressing studies into the potential
restart of Youanmi and continuing to interpret drill results from 2021
I'm glad they've cleared this up so, much less cash burn...
Add RXL (ASX) to my watchlist
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $64.83M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.5¢ | $4.513K | 27.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 965431 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 411304 | 4 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
16.3¢ |
Change
0.005 ( 1.52 %) |
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| Open | High | Low | Volume | ||
| 16.3¢ | 16.5¢ | 16.3¢ | 17622 | ||
| Last updated 14.25pm 29/05/2024 ? | |||||
| RXL (ASX) Chart |