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RE: NIU Correct me if I'm wrong :55k cash on hand125k income per...

  1. Fugeki
    788 Posts.
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    13/11/18
    10:53
    Post #: 36482355
    RE: NIU

    Correct me if I'm wrong :

    55k cash on hand
    125k income per quarter from gold sales
    114k cost of production
    260k expenses per quarter for staff/admin

    So raising is a given, no? 

    And the announcement is "promising". Sounds like they're in desperate need of some funds.
    Last edited by Fugeki: added ticker 13/11/18
    XAO Value at posting: 5,928.8
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    lightbulb Created with Sketch.  Great analysis
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