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27.0¢ nzuri copper limited

I just want to correct this, I didn’t include the $3.6M from...

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El Jefe

6,058 Posts.

875

14/02/18

14:30

Post #: 31051249
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Originally posted by El Jefe ↑

$ in the kitty will be gone in 3 months time. That $10M hasn’t gone very far. I would have thought drilling in Africa, with local workers would have been a lot cheaper than Australia but it doesn’t seem to be the case with almost $5M planned expenditure this quarter and it being the wet season!

This company needs to sign some offtakes and create some value/hype before raising again at these prices. The cobalt space on the ASX knows nothing apart from hype.

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I just want to correct this, I didn’t include the $3.6M from tranche two as it was received after the quarterly. Approx $5M left end of this quarter imo.

Last edited by El Jefe: 14/02/18

NZC Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
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