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Bacanora Lithium PLC BCLMF

Bacanora Lithium PLC is a United Kingdom based mining exploration company. The company operates in three operating segments which include the exploration and development of mineral properties in Mexico through the development of the Sonora mining concessions and the investment in Zinnwald Lithium Plc.


OTCPK:BCLMF - Post by User

Post by Fireflyingon Feb 28, 2015 7:01pm
55 Views
Post# 23476418

Funding

FundingLooking forward, they have planned expenditure for 2015 of ~ $6m and have cash of $12m, so it would seem unlikely they will dilute in the near future. That's a really healthy cash position and contrasts very markedly with many such companies that are surviving a hand to mouth existence.
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