ASX 1.05% $64.75 asx limited

up & coming gold bull /best junior??, page-17

  1. 1,889 Posts.
    i thinik a few on this list got no hope of producing inside next 12 months . a couple have virually no cash left . some have extreme soveriegn risk due to location of reserves . i think we can expand on this a little by doing some research . i have just done perusal of latest cashflow reports to assess cash positions these are my findings . would like to continue this discussion logically to find the best couple from the companies put forward so far . some sort of criteria to determine best prospects is desirable . interested in sensible comments.

    CASH on hand of comapnies mentioned so far

    AND 539k
    NMC 13.5 mill
    RMS 2.0 mill
    GGN 18.0 mill
    AVO 4.9 mill
    TEA 3.7 mill
    GLN 2.2 mill
    ADU 1.9 mill
    ORP 520k

    purely on a cash basis AND and ORP are out of the loop as they will need a capital raising very soon
 
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