Hey champ,
I've been in touch with SGQ and est cash @ 31/12/18 is $2m +
Now in my opinion, a market CR (SPP, rights issue) of some nature is required Jan / Feb however its not urgent & there are other ways to bring cash into the coffers right?
We all need to remember that JP & Co are experts at keeping shares on issue low, raising capital, tight cash flow, looking after existing shareholders & forward drill program planning.
I'll be chipping in for more heads soon. Just timing. Timing, timing, timing... 12. 5c or? Or is this dodgy market going to mess with us a little more....
All the best
Gracie