APC share price seems to be slowly retreating. Market depth is very one sided at present. 7 Buyers for ~180k shares compared to 26 sellers for 2.5M shares. Lack of buyers and selling pressure might see the share price retreat a little further.
Cash on hand seems to be in the order of approx $1.2M. One would think with further advancement of the potash project and gold drilling that is occurring that it may not be too long before they may require a capital raising. Any thoughts?
Ann: Quarterly Cashflow Report, page-3
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