WME 11.5% 14.5¢ west australian metals ltd

sp suggests this is a dog, page-14

  1. 29,310 Posts.
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    They had $700k cash as of last quarter, $926k at the end of the previous quarter.
    Thats a current cash-burn of $200k a quarter.
    Surely they could last another quarter without a placement & get the sp up a bit to make the placement worthwhile and not just a dilution for a pittance?

    GZ
 
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Currently unlisted public company.

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