It worries me when I read the cashflow report of an exploration company where they have spent nearly 8 times as much on administration and legal costs than they have on exploration costs. (and $251k on sorting out JV partner...?)
I am very interested however that they plan on turning that around somewhat in this quarter (note, it is 1 month into quarter already...so only 60 days to go) to increase their exploration spending for the quarter from 83k last quarter to $1.2 mill this quarter.
Lets hope so...not a big fan of losing half my money on paper in a quarter...looking forward to some form of management update...
It worries me when I read the cashflow report of an exploration...
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Last
3.8¢ |
Change
0.001(2.70%) |
Mkt cap ! $41.22M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 4.0¢ | 3.7¢ | $72.43K | 1.857M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 500000 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 4.0¢ | 86651 | 1 |
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| Last trade - 15.44pm 10/05/2024 (20 minute delay) ? |
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3.8¢ |
Change
0.001 ( 2.70 %) |
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| Open | High | Low | Volume | ||
| 3.9¢ | 4.0¢ | 3.8¢ | 634545 | ||
| Last updated 15.44pm 10/05/2024 ? | |||||
| RTG (ASX) Chart |