With just over $1mill cash in bank it is obvious to see why we have twice drawn down on the Fortrend facility to keep us above the required $1mill minimum.
It looks to me like we have drawn down as little as possible while we wait on GC drilling results in the hope that good results deliver a higher SP and less dilution for next required draw down.
Here's hoping for good results. Doesn't sound like we will have to wait too long now for first results.
Possible first results today or at least this week IMO.
Cheers
B Rubes
- Forums
- ASX - By Stock
- AUL
- Ann: Quarterly Cashflow Report
Ann: Quarterly Cashflow Report , page-2
-
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AUL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online