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0.00% 2.8¢ tanami gold nl

750,,000 NST Shares converted to cash and cash on hand give...

  1. markh1960
    494 Posts.
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    30/08/17
    12:25
    Post #: 26863467
    750,,000 NST Shares converted to cash and cash on hand give Tanami $8,473,000 / a 438,000 per quarter cash burn rate

    = 14.34 quarters before cash on hand is an issue, with no expense until production is happening, which production will cover.
    TAM Price at posting: 4.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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