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clock Created with Sketch. 03/07/24
21:58
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Originally posted by Surandy70:
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It has me stumped. $6.3m cash at bank as at 31/3/2024, low historical cash burn. ARC deal costing SOR $800k in cash over 4 years, drilling of Cyclops and Leviathan would be under $1m. Ie, not a lot of high cash burn possibilities with their announced projects.
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based on the history of this company they are probably looking at starting some other pipe dream project and putting the existing ones in the "too hard" basket
