No need, they have sufficient cash to deliver these contracts + an undrawn debt facility on commercial bank rates for $1mil if required + if you read the article the client has paid up front.
Interesting to note, there's only one major copper mine in South Australia...
Prominent Hill | BHP
You would expect that this now opens the door for further opportunities to deliver additional drones + services to the group.
Exciting times!
Well done, keep the momentum going lads
Ann: RocketDNA Expands Mining Contracts with xBot Purchase Order, page-3
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Last
1.2¢ |
Change
-0.001(7.69%) |
Mkt cap ! $10.98M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $7.055K | 587.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 4917477 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 2362417 | 5 |
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| Last trade - 10.34am 07/08/2025 (20 minute delay) ? |
| RKT (ASX) Chart |