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Meanwhile, some dreaming, page-279

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757 Posts.

55

05/03/19

12:56

Post #: 37656781
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Originally posted by Cosmoterios ↑

Geez, you guys are really living in delusion land. Have a good look at the last cashflow statement.

You only have enough cash for one quarter left (June max) and then
So you basically have 4 months left (max) to survive or relist in Australia or UK, to raise some more capital, otherwise its administration.

CLA at least has about $8M to weathered this storm (cobalt downturn). You got about $70k left after the March quarter.

How are you going get to June and beyond if the price of cobalt prices remain low?

You need to wake up - no, its not a dream, its a nightmare!!!

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You haven't read the announcements. We will likely be producing in May. What makes you think WFE can't raise capital if need be?

WFE Price at posting: 2.4¢ Sentiment: Hold Disclosure: Held
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