Hi Slick, what does this mean?
Not a capital raising again to develop the ablation tech further?
Hopefully a white knight amongst the shareholders to ensure a BLR V2 doesn't happen again.
The Company has a working capital deficit as at September 30, 2015 of $2,263,628 and has incurred net losses
of $440,527 and $973,025 for the three and nine months ended September 30, 2015, respectively. It expects to
incur further losses in the development of its business.The Company will require additional financing in order
to conduct its planned work programs on its mineral properties, meet its ongoing levels of corporate overhead
and discharge its liabilities as they come due. These conditions indicate the existence of material uncertainties
that cast significant doubt upon the Company's ability to continue as a going concern.
BLR Price at posting:
0.2¢ Sentiment: None Disclosure: Not Held