the cash burn is far to high ,with out the 4 mil raised it would have left us in the shit , the Company’s cash balance was $4.4 million, a decrease of $2.5m from 31 March 2022.
(d) staff costs (340) (1,154) (e) administration and corporate costs (432) (1,737)
barely enough to cover D&E for the next year ,
unless we get the scoping study and a plan to get the gold out of grace and other shallow gold in next month and attract more money it is looking a little bit worrying for us rox holders
you might want to hurry up alex ,the study today will help
Ann: Quarterly Cash Flow Report - June 2022, page-2
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