CSE copper strike limited
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going to need more cash?

  1. markrmau
    580 Posts.
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    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
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    lightbulb Created with Sketch.  Great analysis
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