GLL News: We Think Galilee Energy (ASX:GLL) Needs To Drive Business Growth Carefully - 24th Sep 2022, 7:02am

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We can readily understand why investors are attracted to unprofitable companies. 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. For the purpose of this article, we...

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