Last quarter at end of they had 1.6million.
Expenditure on exploration has been slashed to conserve cash.
Currently evaluation work being done.
My opinion is they would have 1.2million cash or thereabouts.
Very interested in the glycine tailings test work currently being tested in Perth. If this proves economical to reprocess this will give the company continuous cash flow in a short period of time at a rather cheap outlay.
Just my thoughts.
Side note
Depending on economic news later this week in the US we may see the beginning of the red metal long awaited bull market begin.
Search for your best near production copper plays as these will be highly sought after at some point this year imo.
Cheers
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Mkt cap ! $22.39M |
Open | High | Low | Value | Volume |
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4 | 90591 | 0.057 |
1 | 300000 | 0.056 |
5 | 338100 | 0.055 |
2 | 200000 | 0.053 |
4 | 155300 | 0.052 |
Price($) | Vol. | No. |
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0.058 | 50000 | 1 |
0.060 | 10000 | 1 |
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