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5.08% 31.0¢ sheffield resources limited

Ann: Investor Presentation - Equity Raising & Growth Strategy, page-11

  1. greenshore
    872 Posts.
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    28/02/23
    13:52
    Post #: 66512350
    I agree it is prudent to have extra funds for unforeseen issues with commissioning, and hopefully that's what they mainly got them for.

    But to read so much for 'Business Development' at this stage is a bit jarring...hopefully they just judged BD would be a better to use than contingency funds.

    I don't really mind an option to buy the 20% of the Brazilian project...Surely, they can't be considering buying into any more projects now until we are cashflow positive.
    SFX Price at posting: 50.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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