What is your take on them now? Is continued negative cashflow in...

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darp

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30/08/22

23:31

Post #: 63420082
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Originally posted by miningnut: ↑

It's getting very close to the next capital raising this time for the in-situ development and we know that cash is flowing out at a rapid rate recently so needs replenishing - all they have to do is convince their major shareholders to dig deep just one more time - it shouldn't be a big deal for most of them although the timing is probably not optimal.
I've had a go at trying to analyse where all that money might have gone to during July/August as per the first schedule. I then put those figures into the current quarterly worksheet(second schedule) to see where they might be at the end of September(it doesn't have a figure in there for the capital raising that will happen within the month).
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What is your take on them now? Is continued negative cashflow in the cards, or do you see a change to postive in coming 6 months?

Thanks for puting the #s together.

NCZ Price at posting: $1.69 Sentiment: Buy Disclosure: Held
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What is your take on them now? Is continued negative cashflow in...

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