Cash at end of quarter equallled $10.67m. Add on $6m cap raising equals $16.67m.
Assuming a cash burn as per last quarter of $3.3m then that gives us 5 months grace. And a lot can happen in that time.
Here's hoping they can fulfil some of their Annual Report promises. They did originally say their objective was to be a ASX200 company this year. But when pressed ( due to flooding ) they revised that to a ASX300 company.
That would be good enough for me.
- Forums
- ASX - By Stock
- BUL
- lack of news keeps downtrend in place.
lack of news keeps downtrend in place., page-16
-
- 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
Add BUL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online