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Hi Loop,I noticed the qtrly burn to be $10.41M unless I'm...

  1. Billythekid84
    163 Posts.
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    30/10/23
    23:41
    Post #: 70627150
    Hi Loop,

    I noticed the qtrly burn to be $10.41M unless I'm reading it wrong.

    Joint venture payment if $3.583M for the quarter.

    It took the qt cash burn to $6.827M excluding JV payments.

    Hence the 2.1 quarters of cash left at the last quarter rate.

    This has been a hard pill to swallow and hope we get some positive Announcements soon. I can't for mind of me understand why a CR wasn't done at a better price to help shore up some capital to proceed with VR project due to the amount of technical due diligence done.
    NMT Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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