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9.76% 4.5¢ greenwing resources ltd

Ann: Quarterly Cashflow Report, page-12

  1. Whitetail
    196 Posts.
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    31/10/17
    19:43
    Post #: 28367733
    Hi, it looks like we have 3.6 M in the bank and 2.65 M burn rate, but also 1.905 M balance received after end of this quarter from recent placement. Which would bring current cash in bank to roughly $5.5 M minus estimated burn rate of 2.65 M would leave roughly $2.85 M in bank end of next quarter. Feel free to correct me if I'm wrong, as I may have missed something. Cheers
    BSM Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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