Well, they are funded this year to continue operational activities. I expect a raise towards the end of the year once the updated MRE is released and one or two project studies are completed. Listening to CE speak, my takeaway is that management wants to bring on strategic partners once further derisking occurs. I assume this is when they will raise more cash.
I want to add that I don't believe management should be earning as much as they do for their salaries, especially in a lithium-bear market.
Will LoseSome Resources do a tin rattle @ 40c?, page-12
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51.0¢ |
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Mkt cap ! $112.9M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.0¢ | 51.0¢ | $199.2K | 389.2K |
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| No. | Vol. | Price($) |
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| 1 | 248885 | 51.0¢ |
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| WR1 (ASX) Chart |