''The Company is in the initial stages of the process to access such credit''
IMO - this will be sold off after quarterly shows true cash burn and cash position
So after plant and equipment arriving in 2023 and months of advanced discussions not to mention 7 weeks in suspension - no now was willing to loan funds for this project
and now initial stages of process etc This is not what shareholders have been told for past 12 months - yet performance shares and salary increases in full swing
The balance sheet is not in order and hence unable to obtain funds etc Require entire MC in funding to continue
IMO
Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-647
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Last
5.5¢ |
Change
-0.001(1.79%) |
Mkt cap ! $47.58M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.6¢ | 5.5¢ | $12.74K | 228.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23512 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 200000 | 1 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
5.6¢ |
Change
-0.001 ( 1.82 %) |
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| Open | High | Low | Volume | ||
| 5.5¢ | 5.6¢ | 5.5¢ | 55630 | ||
| Last updated 14.04pm 27/05/2024 ? | |||||
| MNB (ASX) Chart |