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Straight from the quarterly. Expenditure forecast for next...

  1. taboud
    23 Posts.
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    03/05/13
    13:40
    Post #: 11719189
    Straight from the quarterly. Expenditure forecast for next quarter is $915k with only $514k in the bank. The following note reads below the quarterly cash flow report.

    Estimated exploration and evaluation expenditure for the June 2013 quarter will be dependent on the
    Company raising additional working capital. This amount excludes a forecast receivable of approximately
    $155,000 for a R&D tax offset and Exploration Incentive Scheme rebate.
    BNR Price at posting: 4.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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