AAU 25.0% 0.3¢ antilles gold limited

Dmasonic, like you say the company will require additional...

  1. 2,647 Posts.
    Dmasonic, like you say the company will require additional funding. Can't see the money coming from a loan, i recon pgi has enough of that, and mac bank would need approval and the new lender would want security which mac bank has already. The question needs to be asked what would be the issue price and to who. I see a massive drop in share price, and then a quick little jump for the share placement. That's what always happen. 2 cents for me. When institutions smell blood they hammer the shares. They always want to be the winner.

    As for cash flow I'm going for $900,000 for the quarter. It's positive, but not enough
 
watchlist Created with Sketch. Add AAU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.