From the quarterly
Cash at end of quarter 1,126,000
Estimated cash outflows for next quarter
Exploration and evaluation 397,000
Administration 311,000
Total 708,000
Balance 418,000
We still have room for breathing in fact better than a lot of companies, we have funds for the next two quarters and the next round of drilling (which I might add is 25% higher then last round of drilling) I believe this time they are chasing something more defined and hopefully hitting something big on those new defined zones.
It is all good, they must have had the next round of drilling pre organized and ready I can imagine especially when the new high grade zones were defined, so we expect announcement on this very soon and the share price will be back on track, this time maybe better for we know what we have got and excited on what we possibly could have. They will want to get this moving.
Yes I know HOW MUCH WILL IT COST TO GET IT OUT !!! not worried about that now more interested in finding out the size and grades now and then the consequences will follow, if grades are high and big then so will be the SP and so it will all follow.
for me....my sentiment is buy and I will be, for we are actually in a better position than where we were not that long ago...
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $57.22M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $24.62K | 2.126M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 5679297 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 4527187 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 5679297 | 0.011 |
38 | 15419987 | 0.010 |
28 | 9689378 | 0.009 |
12 | 5363090 | 0.008 |
5 | 2122000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 4527187 | 7 |
0.013 | 9601164 | 10 |
0.014 | 4669600 | 10 |
0.015 | 3435848 | 6 |
0.016 | 4364631 | 9 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
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