Gregke
I have been in touch with Michael Bogue and have written correspondence to assure me the future cash burn rate is being significantly reduced.You will note cashburn last quarter was 1,919,000 for exploration and evaluation with pending assay results being received, interpreted and then reported to the market, hence the cashburn.
For someone to go on that Cabral will continue to burn cash at that rate is incorrect and you have not contacted Michael.
I also note you are a non holder yet downramp insisently on CBS, yet your predictions on GSE is showing all the signs of a broken cracked glass under extreme pressure in GSE as it is now falling heavily.So i will give very slight weight to your predictions here.
My optimistic views on CBS are completely relevent at this stage as the company is trading well above cash backing showing no value on what is some extremely good resource projects.
I will also forward your public posts here to Michael for further pursual and thought.cheer
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $79.99M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.8¢ | $145.9K | 18.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 60 | 45795965 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 128963 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BCB (ASX) Chart |