SVY
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3.57% 2.9¢ stavely minerals limited

Hi Rivermore,The answer makes sense to me. The question is:...

  1. Pedro89
    34 Posts.
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    26/04/22
    09:34
    Post #: 61011540
    Hi Rivermore,

    The answer makes sense to me. The question is: 'Does the company have enough cash' (paraphrased). Answer Yes.

    Further explanation below explains that the next quarters cash out goings will be circa 70% less so roughly $1.25m a quarter going forward.

    No doubt cap raise wont be far away after MRE. But the Section 8 Q&A makes sense to me

    Regards
    SVY Price at posting: 39.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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