TSXV:ODX.H - Post by User
Post by
Lucy1on May 16, 2005 11:15am
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Post# 9039109
results are back .....
results are back .....just got off the phone with Steven Coates, of IR. I had left a message last week asking how long for results ...
first of results were back on Friday, will likely be a NR this week.
I said, 'let's hope they're good' to which he replied, "we're happy with them."
they have $ 450K in the bank .. enough for the next 5-6 months. they will have to raise more money in the near future. Corp burn rate is $ 50K/month. They have dollars committed to other projects too.
he feels the SP is way undervalued for the projects they've got going on.
Feel free to contact Steven on his cell at 416.854.2177 for your questions to be answered.
cheers,
Lucy.