G79 0.00% 2.7¢ goldoz limited

This is an absolute and total disaster in every way. This will...

  1. 633 Posts.
    This is an absolute and total disaster in every way. This will go straight back to 4 cents if not less.

    The $700k they have sold wont even go close to covering their next 3 months of massive expenses based on their last quarterly report their cash burn was $5.6 million which means on top of the huge coming sell off they are going to need to do a capital raising asap.

    This is even more concerning as the question becomes are they even able to maintain normal operations.

    Extremely concerning
    Last edited by flocka: 01/11/17
 
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