hahahaha... that tells you EXACTLY nothing actually. It fails to mention how much they've spent on equipment and consumables flown in, how much they've spent on drilling and the fact they've got to double the MRE to qualify for their next bit of funding.
How much cash have they got left?
Always look at what they do!... not what they say!
DannikaWarburton 4Feb24 about Storm “do you have enough cash to execute?” Dave “Yes!” “Given we’ve still got $4 million in the bank we’re well placed given the next couple of months are going to be really light on for cost we’re really well placed to start the season and head into very quite far into the season and investors shouldn’t forget we’ve got over $5 million coming back to us hopefully this year in some very well priced options that are due to expire this year so you know we think that’ll give us a significant cash boost during the season and yeah that’ll set us up well.”
Within a week there was a CR !!!!!
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