Palovera, ROY is burning almost $1m every quarter on admin fees. Plus ROY has $20m to pay in later years. Compare to PEX burning $200k every quarter on admin. SRK is another one... MC $8m with $13m cash plus iron ore mag, but their ore is unique and apparently is as cheap to mine as haematites like BHP. I wouldn't recommend this stock (SRK) because too much admin fees.
Palovera, ROY is burning almost $1m every quarter on admin fees....
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