KDR 0.00% $1.90 kidman resources limited

rights shortfall, page-11

  1. 2,814 Posts.
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    Looks like you having a hard 'slog' there mate. It also looks like you have missed the point that the cash raised last quarter was from the insto/soph CR and not the Rights Issue. Around $4.6m or so.

    The cash from the Rights Issue will appear in the next quarterly cash flow report.

    Regardless of that oversight, I do agree with your sympathy about cash being tight. The next 6 months are going to very interesting (pun intended) to watch. It will make or break this company. 'If' KDR make it then the SP today is going to look very very cheap.

    Oh, the big IF. If only.......... blah blah dyor gltah etc etc.

    Cheers
 
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