BBX 0.00% 24.0¢ bbx minerals limited

Macquarie Bank accused of manipulating stock, page-24

  1. 11,185 Posts.
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    "The Group expects to generate cash from trial mining which is expected to commence in February-March 2018"

    Well February is almost up.

    and how is cash expected to be generated when there was practically zero cash on the balance sheet as at December 2017? Do you know how much has been invested in this pilot plant project so far? They raised about $315,000 from option conversion this month but that would hardly be enough to keep the admin going over two continents let alone fund operations in a remote jungle environment. Esh
 
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Currently unlisted public company.

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