SMD
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0.00% 1.0¢ syndicated metals limited

$3.2M in cash end of Dec and spent nearly $700K for the quarter....

  1. Deltafive
    894 Posts.
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    22/02/11
    18:53
    Post #: 7934881
    $3.2M in cash end of Dec and spent nearly $700K for the quarter. With heavy drilling activities planned for early 2011 I expect the cash burn rate to double. IMO money will be needed around mid year.
    SMD Price at posting: 15.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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