1 quarter as the disclosures say is based off a simple calc of cash left divided by previous quarter spend . it does not consider steady state spend and hence is largely irrelevant given the previous quarter included a lot of cash spend on drilling and development. There doesn't seem to be a lot of that ahead of us prior to project funding and kick off. my rough working is $2.5-3m /QTR is spend leading up to funding. again do your own research... now show me your detailed working for 1 quarter.
ASN Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
