Post by
cskhurasu on Aug 29, 2024 12:56pm
Quarter End
I think today is the last day for TUD to file its quarterly financials...60 days after the end of the June 30 quarter. What is the working capital? At the end of amarch it was $8 million.
Comment by
Jetstream1281 on Aug 29, 2024 11:27pm
Well CSK....as of thr end of the quarter they still has 50% of their cash left...not bad....
Comment by
cskhurasu on Aug 30, 2024 7:52am
At the end of the June 30 quarter TUD had $4 million in cash and $1.6 million in payables for working capital of $2.4 million. That was 60 days ago! Not good. No shares were sold via the ATM. And the statements contained a 'going concern' note.
Comment by
Jetstream1281 on Aug 30, 2024 9:57am
That statement has been in every single report they've ever put out....if you quote the whole thing it says because they aren't producing a cash flow they depend on raising money to finance operations...every non producing junior MUST have a similar statement to cover their butt...par for the course....
Comment by
Signman on Aug 29, 2024 11:43pm
Go read it for yourself over on CEO it is posted. Though you sound like you will be disappointed they are doing just fine .