Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Obtala Resources (OBT) has announced a £2.28 million net cash outflow before new financing (£0.14 million inflow after) for the 2013 calendar year, ending the year with cash of £2.14 million and updating that “a platform to generate substantial revenues has been put in place, and sales have commenced successfully across all sectors of the business”.
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