It is clear from the last quarterly that the company will soon run out of cash.
It won’t be mining in the foreseeable future.
Yet there have been no announcements of significant expenditure reductions.
The speed of spending is unchanged. The distance to the wall is reducing. What will happen?
Might I suggest at least tapping the brakes?
Driving into a wall, at speed
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Last
0.7¢ |
Change
-0.001(7.14%) |
Mkt cap ! $22.28M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $5.822K | 916.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 34579091 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 37376945 | 67 |
View Market Depth
| Last trade - 11.20am 08/05/2024 (20 minute delay) ? |
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Last
0.7¢ |
Change
-0.001 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.7¢ | 0.6¢ | 299025 | ||
| Last updated 12.04pm 08/05/2024 ? | |||||
| POS (ASX) Chart |