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0.00% 2.2¢ provaris energy ltd

So they have over $5m in the bank and they're burning about...

  1. tukebay
    3,899 Posts.
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    08/11/19
    17:43
    Post #: 41327689
    So they have over $5m in the bank and they're burning about $1.1m/qtr and they'll be raising "with in 6 months".
    I guess math is also not your forte.
    The only way they'll be raising again within 6 months is if they've signed a complete end to end deal (or two) and have to provide an equity compnonent for the debt finance.
    And if that is indeed the case, it'll be done at multiples of 10c.
    English, math, logic - you are the real deal.
    GEV Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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