GLL News: Is Galilee Energy (ASX:GLL) In A Good Position To Invest In Growth? - 3rd Mar 2023, 9:33am

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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. But the harsh reality is that very many loss making companies burn through all their cash and go bankrupt.

So, the natural question for Galilee Energy (ASX:GLL) shareholders is whether they should be concerned by its rate of cash burn. In this report, we will conside...

>>> Read more: Is Galilee Energy (ASX:GLL) In A Good Position To Invest In Growth?
 
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