DGR 4.35% 2.2¢ dgr global limited

Cash flows

  1. 727 Posts.
    lightbulb Created with Sketch. 3
    firstly I like the holistic approach of the business

    But my sticking point is the excessive cash drain for staff, directors, exploration ( when there should be nil) & interest payments

    current cash burn is around 1 mill a quarter with only 700k left in the till.

    Options are due next quarter which will bring around 1 million if sp stays above 0.12

    Of course they could sell some assets to cash up but that defeats the purpose of the business model.

    What am I missing?
 
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2.2¢ 2.5¢ 2.1¢ $110.9K 4.914M

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Last trade - 12.40pm 19/07/2024 (20 minute delay) ?
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