RE: does anyone know17 Jan 2019 13:39
Hi zapsnap.............found this in the RNS dated 27th Sept for you......
Interim Results
Our Consolidated Statement of Comprehensive Income for the six months ended 30 June 2018 shows a loss of £285,739 compared to a loss of £94,787 in the same period last year. Administrative costs in the period amounted to £285,739 (6 months to 30 June 2017: £94,787) as a result of increased personnel, payment of accrued liabilities and administrative costs associated with on-going exploration programs. The loss for the current period includes a share based payment of £6,000.
Additionally, the Company incurred exploration expenditure of £294,008. Cash and cash equivalents at 30 June 2018 totalled £574,142 (31 December 2017: £1,257,194).
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So, all in all cash burn is very,very good.....and as Rockfire is an exploration company cash burn sort of becomes irrelevant as each project is to be assessed on it's own merits. Having followed Rockfire / Papua Mining for a while it definitely appears that DP is running a tight ship.
Hope this helps :-)