careful guys on this one atm. looking thin.
flipped thru the last qtrly again. the cash on hand is not looking good. the coy will really have to pull something great and then do a cap raising if u get wat i mean.
cash at end of last qtr = 1.48mil
qtrly operating cost = 400k
i m thinking the cash position and the uncertainty of the JV is really pushing the sp down atm.
fingers crossed on that deal to be announced. it's already 3 mths overdue.