Agree, yes they will need to find the funds for estimated $1.5m re Future Element.
The CR likely to fund progress on other projects as well, plus working capital.
A company needs to be well funded just to get a look in with new projects
I reckon at least $10m to be raised via a placement to existing large shareholders and maybe smaller shareholders will also get the chance to participate
cheers
Agree, yes they will need to find the funds for estimated $1.5m...
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Last
28.5¢ |
Change
0.010(3.64%) |
Mkt cap ! $19.84M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 27.5¢ | $7.996K | 28.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3500 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 39170 | 2 |
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| Last trade - 15.21pm 16/05/2024 (20 minute delay) ? |
| CNQ (ASX) Chart |