At the end of December they had $109,000 left. They seem to burn about $100,000 a month just on everyday expenses. So they are running on empty at the moment.
A capital raising somehow must be imminent. And―as often has been the case lately with these sort of stocks―may lead to a re-rating higher?
Ann: Quarterly Activities Report, page-18
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
