CCU 0.00% 5.8¢ cobar consolidated resources limited

Ann: Quarterly Activities Report , page-36

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  1. 137 Posts.
    I am hoping for a better result next quarter.
    They should get more revenue from increased production.
    Also, I expect the cash they are burning for development to come down. Last quarter, they used around 11 Mill on development & got around 7+ mill on sales.

    They have 9.7 Mill in the bank. I don't know how long this will last...because I didn't see any forecasts for the next quarter Operating costs. Anyone know how much money they use per quarter to operate?
 
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