Any expected news?, page-142

Hi gse1963

Sorry I have not made myself clear. Big day and tired last night. Yes, management has stated that they have the cash for Tabba Tabba and initial works at pilg. There's is numerous calls on this forum of an imminent capital raising. Yourself included.

Why not use the cash to further pilg rather than finance the Tabba Tabba JV for which plant etc is built.

Approvals for Tabba tabba are directly related to future cashflow so I'm not sure of your point here.

Yes. Financing is easier to get with the project operating but shouldn't be an issue with a sound off take agreement, approvals and the plant built. Please note that financing looks at assets and equity also not just immediate cashflow. Both of which Tabba Tabba JV has. Do the math.

Are you suggesting that a capital raise (shareholder dilution) is the only option if further funds are needed in the future? Regardless of what for.

Don't mean to sound blunt, just busy. More later.

My opinion
DYOR

Thanks