BAC 0.00% 3.6¢ baru resources limited

Be nice to see if we have any update on the Horizon deal, and...

  1. 6,670 Posts.
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    Be nice to see if we have any update on the Horizon deal, and any other deals in the pipeline. The whole resource sector is down, so I doubt even good news will move the SP much.

    Last time we had a cash flow report we were sitting on 1,941,018 and the quarter before that 2,747,977 so we spent 806k, it says we will only spend 400k this quarter, be very intresting to see in July what we have actually spent.

    We will have no money left by the end of the year keep spending 800k. Hopefully something exciting can happen with this company as I do feel dissapointed since the IPO that nothing really has happened.

    I sit back and wait and really do hope we can make something of this Horizon deal, I do believe management can turn this around but not sure what kind of timescale we are looking at.

    Good Luck All

    All IMO

    James
 
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