Quarter ending March, they had $1.8m
They spent was $900k
So they got $900k left.
Another 3 months they may be no money left if they spend the same amount.
If there income is tiny, there’s gonna need cash soon I think.
I not really not sure. Best to ask the company direct. Just my thoughts.
I truely hope it all pans out and it’s a winner.
It’s probably super cheap here and it’s gonna 10 bag from here but I’m out. Had enough. Gonna throw my money into a middlemas or klaus. Get a 10 or 50 bagger. Happens all to often. All the best. Over and out. I’ll let you guys be and I won’t post no more on Cro.
Sincerely, good luck
March 2017
Telstra was going to be the ‘ fundamental tenat” validating the company’s core strategy.