SHP 0.00% 0.9¢ south harz potash ltd

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  1. 5,743 Posts.
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    Great - many thanks ... here's the transcript ... (suggests $4.5m (?) raised from options??? Can't see where at 6c ... but ???)

    32:12
    rush out and raise cash but at the end of the day we are an exploration company our only source of money is the marketplace so there will
    32:18
    be a fundraiser at some point but we've not indicated when that is and it's not going to be in the next few
    32:24
    months so until i get that number right i may have pulled 10 million from somewhere else is it around how much it's it's a
    32:29
    round number and the 6.7 million was our cash position at the end of june right exactly we have options that will
    32:35
    exercise before the end of the calendar year about 4.5 so okay okay okay okay so that burn rates
    32:42
    are actually reasonable quite reasonable at the moment um so where are we so that may or may not be the side of
    32:48
    christmas depending on market conditions
 
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