MEL 0.00% 0.4¢ metgasco ltd

Ann: Quarterly Activities and Appendix 5B December 2022, page-10

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  1. 2,818 Posts.
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    The following statement suggests that they may already be looking at borrowing money or issuing shares. 880K is not much, and one month already passed. It would be risky to wait and see if they have enough cash or not.

    'The company is confident that it can fund its ongoing expenditure requirements using operating cash flow, as well as alternate options including debt and equity if required'


 
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