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1.43% 7.1¢ coda minerals ltd

another capital raising already!!!

  1. wembleyboy
    39 Posts.
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    03/02/14
    11:47
    Post #: 12885729
    Reading the Quarterly activity report they need to get away an AIM listing to drill their prospect. Given they only have enough cash for Q1 2014 it seems another major CR is only around the corner.
    Given the current cash balance I can't see how they could afford the fees to list on AIM. Read the working capital test for AIM, tough to meet from here for Cossack.
    COD Price at posting: 16.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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