G6M 11.1% 2.4¢ group 6 metals limited

Yup, Not looking for full month of july details. Just a, we...

  1. 914 Posts.
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    Yup, Not looking for full month of july details. Just a, we expect 100t of concentrate at 60% for July etc. If they don't include it in this quarter it was obviously not worth including which would be a good guide for next quarters results.

    Bulk of funds were raised and probably spent last quarter so this quarterly will have all that info.

    And there it is

    "8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further
    cash to fund its operations and, if so, what are those steps and how likely does it
    believe that they will be successful?
    Yes. The entity intends to secure short term debt financing to cover the start-up phase until
    a regular revenue stream is in place."

    less than one quarter or cash left. Not that that figure holds much weight. (.85 quarterlies )

    Short term debt is not what I would of been hoping. Hopefully its not to many millions and interest rate is below 10%.



 
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