Hi Lucky
Let's hope for at least 19 on Monday.
What's your view on their cash position? The last report showed a cash burn of $2.4m compared with $4.5m for the whole of 2014.
They had $3.2m in the bank at the end of Q1 and have since issued 2m additional shares on 132m total for drilling costs and the 2 exploration licences from Hammer (can't wait to see those shares out of escrow at >$0.50 in the next 18mths)
At BAU they'll only have enough cash for Q3 operations. Options would be a CR or more cash from
Antofagasta? Damned expensive digging all the holes.
Risiko will be pulling his hair out! Any thoughts?
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37.0¢ |
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Mkt cap ! $192.0M | |||
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
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