DEG News: Is De Grey Mining (ASX:DEG) In A Good Position To Deliver On Growth Plans? - 5th Jul 2022, 6:54am

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There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining exploration companies often lose money for years before finding success with a new treatment or mineral discovery. Having said that, unprofitable companies are risky because they could potentially burn through all their cash and become distressed.

So should De Grey Mining (ASXEG) shareholders be worried about its cash burn? In this article, we define cash burn as its annual (ne...

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