Trading Halt, yellowcake
They have cash burn of around $600k/quarter at the moment.
This means that right now, they have about $600k in the bank.
The pending announcement could be one of a couple of things.
1. Information relating to Mulga Rock - the director buying activity over the past few months would indicate that these developments will be positive. Personally, I'm hoping its this.
2. Capital Raising - not out of the question.
Marchello
BLN
bullion minerals limited
pre-open ~nc, page-2
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