AL8 0.00% 0.3¢ alderan resources limited

Ann: Half Year Accounts, page-2

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  1. 14,882 Posts.
    lightbulb Created with Sketch. 475
    $3,032,000 cash as at Dec 31 and projected burn this current quarter to March 31 of $2,180,000. Than means on current projections in two weeks they'll have ~$850K in the bank.
    Why didn't they raise earlier?
    Great project. Terrible capital management IMO.
    Last edited by melua: 17/03/18
 
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