NIU 0.00% 2.0¢ niuminco group limited

Their last quarterly shows only $39,000 left in the bank with an...

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    Their last quarterly shows only $39,000 left in the bank with an expected $780,000 to be spent over the quarter.

    Seeing as they only raised $600,000 before costs in the placement, where do they expect to get the extra cash from?

    Where are the tin results? The drill was completed in mid January.
    I agree, there is a pretty big share overhang at the moment.

    But when this stock moves, it trades by the 5 to 10s of millions, so hopefully the catalyst for an upwards share price movement is strong enough to chomp through that.
    Last edited by MrSpecul8: 09/03/17
 
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