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OilPatch

12/02/21 10:02 AM

#423313 RE: ae kusterer #423307

I get $10.4 Million operating costs over the last 3 months according to the last 10Q. What am I missing? Upgrades, construction expenses, trial review costs?

Thanks.
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DCSwamprat

12/02/21 10:20 AM

#423322 RE: ae kusterer #423307

15M will go fast.
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martyDg

12/02/21 10:28 AM

#423332 RE: ae kusterer #423307

With that burn rate we may see tld or another loan in the very near future.
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The oNiOnHEAd

12/02/21 10:01 PM

#423534 RE: ae kusterer #423307

Mgmt is perfectly aware of the burn rate, and, after years of managing finances under often difficult circumstances, everyone can be 100% certain that disclosure of extremely significant material facts will occur well before any chance of running out of operating finances.