Looking at the annual report, they have committed $US 11M for drilling and exploration/development during this year.
That's a big positive -- previously (to the best of my knowledge) they had not provided a firm number of expected expenditure on drilling....
I am very comfortable with them spending $US 11M -- this should leave them with atleast $A 15M cash surplus at years end from operations...
BIG_N
- Forums
- ASX - By Stock
- PSA
- annual report and maths
annual report and maths, page-4
Featured News
Add PSA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online