GDN golden state resources limited
Add to My Watchlist 0.00% ! 1.7¢

cash on hand, page-5

  1. ClarkKent
    10,614 Posts.
    lightbulb Created with Sketch. 147
    clock Created with Sketch.
    30/04/07
    21:47
    Post #: 2404669
    "Why come to this thread "


    To remind you that the cash burn rate in the March Quarter was $6 million and that GDN has less than $2 million cash on hand.

    That represents 1 month's worth of cash.
    The ASX has been known to query the solvency of companies when they have 6 months ! of cash.

    Any questions ?
    GDN Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS MTM Successful Uplisting Commences Trading on OTCQX Market in US
right-arrow Created with Sketch.
NEWS Drilling Commences at Leinster South Project in WA
right-arrow Created with Sketch.
NEWS More Outstanding Gallium Assay Results for Nimy at Block 3
right-arrow Created with Sketch.
NEWS Paris Gold Project Drilling Underway Testing High-Grade Zones
right-arrow Created with Sketch.
NEWS High-Grade Niobium Intercept Delivered by Initial Drilling at Joyce
right-arrow Created with Sketch.
NEWS Outstanding Drill Results Define New High-Grade Iris Zone at Apollo Hill
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.