CAZ
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0.00% 1.3¢ cazaly resources limited

As at 31st March there was only 539k cash left. From the...

  1. dinero
    971 Posts.
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    08/06/18
    09:19
    Post #: 33585229
    As at 31st March there was only 539k cash left. From the quarterly cashflow statement.

    31 March is over 2 months ago.....

    And in the March quarter they spent 378k.....

    So barely enough cash left now to keep the lights on let alone do some rock chips in Africa imo.

    Cap raise would be needed before they even hit the ground in Namibia.
    CAZ Price at posting: 6.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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