USL 0.00% 17.5¢ unico silver limited

Hi Shanks. Yeah I regret not selling and re entering but one...

  1. 2,694 Posts.
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    Hi Shanks. Yeah I regret not selling and re entering but one thing that’s stood out is that they don’t need cash unless I’m reading it wrong, they have enough cash to drill later this year into next and BOOM find something which would mean a CR at a way higher SP? 8 quarters worth of fundings, maybe they’ll use extra to get drilling and bring it down to 5qrts. Still I’d say no CR coming this year. Maybe late next year.

    https://hotcopper.com.au/data/attachments/6364/6364482-7f8213aad177a03b8fd587cad8eefb5b.jpg

    Last edited by HeyLine: 06/08/24
 
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