OK as I expected we would see some positive news from the drilling campaign.
What next?
The SP hasn't rocketed up its staying inside the range it has traded for the past 4 odd months, I need to ask why?
For the quarter ending March 24 they consumed $1,334k in cash. At the end of the quarter they had $1,368k in cash left.
If the cash burn in the quarter to June is the same as the quarter to March they will have $34k left in the bank!
Unless the have a debt facility they are going to run out of cash shortly.
What is the plan? Equity raising? Debt facility? Takeover? What?
OK as I expected we would see some positive news from the...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PUR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.270M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 73 | 56178835 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 7759567 | 7 |
View Market Depth
| Last trade - 10.30am 18/09/2024 (20 minute delay) ? |
| PUR (ASX) Chart |
Day chart unavailable