AYN 0.00% 0.1¢ alcyone resources ltd

Ann: Alcyone Secures $5.5M in Funding , page-10

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    Working capital is money used to keep operations running. If you need money for working capital, you are either expanding the business, or losing money. Or, expanding a loss making business. So yes, it is used for salaries.
 
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Currently unlisted public company.

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