CSE copper strike limited
Add to My Watchlist 0.00% ! 7.5¢

going to need more cash?

  1. markrmau
    580 Posts.
    lightbulb Created with Sketch. 1
    clock Created with Sketch.
    25/10/05
    14:03
    Post #: 1191785
    Exploration is expensive - $1mil /quarter.

    Looks like they will need to raise cash in about 6 months. Even though there is a reasonable amount of copper in the ground, I doubt a bank would lend without a BFS.

    Sort of looks like they might need to issue more shares. Thoughts anyone?
    CSE Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Drilling Commences at Leinster South Project in WA
right-arrow Created with Sketch.
NEWS More Outstanding Gallium Assay Results for Nimy at Block 3
right-arrow Created with Sketch.
NEWS Anson Adds 100 Strategic Claims to Green River Lithium Project
right-arrow Created with Sketch.
NEWS Gold Mountain Expands Anomalous Rare Earths Areas at Down Under Project
right-arrow Created with Sketch.
NEWS R&D Tax Refund of $5.8M Received by Imugene to Support Clinical Development
right-arrow Created with Sketch.
NEWS BPM Acquires High-Grade Forelands Gold Project with Near-Surface Mineralisation
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.