GRV greenvale energy ltd
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The cash burn rate in the H1 FY22 results is worrying and will...

  1. essentialscutty
    1,020 Posts.
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    17/03/22
    06:38
    Post #: 60239250
    The cash burn rate in the H1 FY22 results is worrying and will only accelerate with new appointments in H2 FY22. Covid has been used as an excuse for delayed drilling results at Twin Peaks. Add to this 34800000 Performance Rights issued to the Board and New Management team and suddenly the market appears to be saying....hold the horses we might need more ammo before long? Capital raise in H2 FY22?
    GRV Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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