AL8 alderan resources limited
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Ann: Half Year Accounts, page-2

  1. melua
    14,120 Posts.
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    17/03/18
    00:50
    Post #: 31822714
    $3,032,000 cash as at Dec 31 and projected burn this current quarter to March 31 of $2,180,000. Than means on current projections in two weeks they'll have ~$850K in the bank.
    Why didn't they raise earlier?
    Great project. Terrible capital management IMO.
    Last edited by melua: 17/03/18
    AL8 Price at posting: 90.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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