They had about US$28m in cash at end of 2023
I’m not sure what your basing the 1.5 qtrs of cash runway?.
From what I understand they plan to spend ~$US3-4m each qtr this year as most of the work on permitting / drilling has been completed. Now we are just waiting for permit / FID (and Sibanye commitment).
Hope that helps
Kununurra comments are overly harsh
Alan John Bruce Davies buying A$50k of shares isn’t a big deal imo. But at least he bought some I spose. He been the only one in years.
They had about US$28m in cash at end of 2023I’m not sure what...
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Last
14.5¢ |
Change
0.005(3.57%) |
Mkt cap ! $337.2M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 14.0¢ | $174.0K | 1.209M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 2977564 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 864143 | 32 |
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| INR (ASX) Chart |