PEN peninsula energy limited

Just under $10m left in the bank and current cash burn just over...

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    Just under $10m left in the bank and current cash burn just over $2m a quarter

    if that rate of cash burn is maintained shareholders should be further diluted from further capital raising in about 6 to 9 months

    something to look forward to … not !

    just remember they need to solve the chemistry otherwise PEN is not viable

    ….. until then the cash burn and capital raisings must continue


    Last edited by 92electrons: 29/07/21
 
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