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Cash position, page-6

  1. 13,097 Posts.
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    Yep. They've made it clear what they aim to do and hope that's the case.

    They did say they had budgeted for funds to last 3-4 months, till results and we're now at month 5, but they also claimed in the qtr that their expenses were "as budgeted". This is where it would be good to see estimated expenses each qtr like mining companies are obliged to do.

    My only other concern is that the market tends to see these things coming and the fall in share price is not supportive of a best case scenario for funding. Would expect to see some FOMO creeping in pretty soon with results due. If we're still sitting around low 2s in 2-3 weeks then I'll be more concerned about a CR.
 
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