HAS 3.92% 26.5¢ hastings technology metals ltd

Relatively new to the forum, but isn't the cash burn only...

  1. 50 Posts.
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    Relatively new to the forum, but isn't the cash burn only that high because they're pushing ahead with plant equipment?

    Last Quarterly staff expenses were at ~$1.7m

    Not sure where this fits in, but if RE prices due to China's manipulation is a barrier - couldn't HAS just go into Hibernation on a skeleton crew until project feasibility improves?

    I guess there's the issue of Wyloo's loan and ongoing inflation blowing out Capex.

    Are there any odds on a Takeover offer?
 
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