Good to see lots of posts. Rumour is Co has enough money until February if the options aren't converted. If this is true then it tells me Co is expecting increase in revenue for the next 6 months although perhaps not enough to be cashflow positive.
Of course we would all like to see the options converted but if they aren't and the co first survives then thrives the nice thing is there will be 50 mill less shares on issue than if the oppies exercised. A weird thought I know.
- Forums
- ASX - By Stock
- DMX
- hot off the press
hot off the press, page-14
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
The Breakdown: Lithium Universe talks refinery design and lithium processing in strong preliminary feasibility study for Bécancour
NEWS
New gold and silver soil anomalies uncovered at Black Range, strengthening exploration potential