DHR 0.00% 0.2¢ dark horse resources limited

The next quarterly will be interesting for these guys. They had...

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  1. 11,263 Posts.
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    The next quarterly will be interesting for these guys. They had just over $2m left at the last quarterly, with $750k forecast to be spent this quarter. That gives them maybe another quarter before they'll need to be looking to raise again.

    Last quarterly there was $436k in admin and corporate costs vs $844k on exploration and forecast for another $250k this quarter in admin and corporate, vs $500k for exploration. Expensive company to administer apparently with approx 1/3 of the money being spent on admin

    If they don't do something to lift the share price significantly, the register will be blown beyond being recoverable, given they already have over 2 billion SOI.
 
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Currently unlisted public company.

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