CZI 0.00% 22.0¢ cassini resources limited

Ann: Quarterly Cashflow Report, page-2

  1. 9,078 Posts.
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    Everything looks good except cash, with a $1.5m spend this quarter out of a total of $2.5m. So by the end of the 1/4 will be looking for more money. So it's either going back to shareholders or finding a cornerstone investor for a placement.
    The current market is just the pits for anything not producing a profit.
    I just can't believe the market values almost $50b worth of minerals at $10m.
 
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