8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further
cash to fund its operations and, if so, what are those steps and how likely does it
believe that they will be successful?
Answer:
The Company has received approaches from both current and potential new large scale
strategic investors to participate in near term funding options for the Company’s projects.
The Board is confident, given the quality of the Company’s projects and the Company’s
previous successful capital raises during 2022 and 2023 that it will be able to raise
additional capital as and when required.
Looking forward to further news on strategic investors particapting. Might be a cataylst for a long awaited share price increase.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-3
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $28.33M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 11.0¢ | $1.942K | 17.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 56314 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 114120 | 3 |
View Market Depth
| Last trade - 11.47am 14/06/2024 (20 minute delay) ? |
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Last
11.0¢ |
Change
-0.005 ( 4.35 %) |
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| Open | High | Low | Volume | ||
| 11.0¢ | 11.0¢ | 11.0¢ | 985 | ||
| Last updated 11.45am 14/06/2024 ? | |||||
| FEG (ASX) Chart |