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hibikidan333

1,118 Posts.

22/03/16

14:09

Post #: 17337097
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Originally posted by hibikidan333 ↑

@Sector Lead - just did a spot check:
* 696K cash on hand as at 31/12/2015
* 808K admin burn per quarter for the last 2 quarters
* $1.54M raised on 01/02/2016

They should survive till the May date for the Graphex IPO spin out. Trying to find the prospectus/statement of financial position for the IPO but only got what's below. If anyone has a lead on this, let me know.

View attachment 158773

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Here we go, statement of financial position for Graphex. Then slap on $4M minimum cash if raised successfully:
1 Upvote

0 Great analysis

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