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0.4¢ hardey resources limited

Well how else can that Director, um whats his surname i think it...

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buster1

2,902 Posts.

46

02/02/19

22:39

Post #: 37311703
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Originally posted by Silent-Bubbles ↑

Originally posted by Silent-Bubbles
Well there you go. Not as bad as all the doomsayers have stated. $166,000 left in the kitty ( which is more than VIC ).

With $410 expected in the 1st Qtr outflows - I do see this statement as somewhat positive to the ' going concern ' aspect of HDY. Here's hoping we can satisfy the ASX with some remediation measures and get back up and trading soon.

*The Company notes that cash is running critically low, and it will need to raise capital pursuant to its placementcapacity, or secure a debt funding arrangement during the quarter
Interesting that ' Staff ' costs are being forecasted up almost $60,000 for the current Qtr as well as Admin & Corporate with an forecasted increase of approx $20,000. Perhaps these are representative of the cost of the ' Remediation ' measures put forward......

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Well how else can that Director, um whats his surname i think it starts with a C..., go & play Professional Cards he needs some Pocket Money !!! Mike

HDY Price at posting: 0.4¢ Sentiment: Sell Disclosure: Held
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