GTE 0.00% 2.8¢ great western exploration limited.

Posters GONE, Fairbairn and Yilgarn, page-2

  1. 426 Posts.
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    Hi all,

    also note our current cash position:


    Q4 Dec 31 2017 Cashflow Statement  $3.844m  page 2

    Q3 Sep 30 2018 Cashflow Statement  $1.608m  page 3

    Used  in Q1 - Q3 2018                         $2.236m


    Conclusion - we only have cash for another two quarters , at this rate - by Q2  2019 (June 30 2019) we'll be short.

    So another raise IS required, sometime between December 2018 and  February/March 2019.  A GTE Management

    Business Plan for Q4 2018 - Q4 2019 is therefore required to be submitted to Hartleys or whoever, VERY, soon.

    This needs to be raised at next week's AGM, as well.


    Cheers


    Bluequartz

 
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