Negative Cash FlowConsistently negative cash flow indicates challenges in generating cash from operations, which could limit the company's ability to fund exploration activities and sustain operations long-term.
Lack Of RevenueThe absence of revenue generation is a significant concern, as it reflects operational inefficiencies and challenges in monetizing exploration activities, impacting long-term financial viability.
Ongoing Operational LossesOngoing operational losses highlight inefficiencies and the need for strategic changes to achieve profitability, which is crucial for the company's long-term sustainability.