Yes they will need cash but they did say that one customer could fund the whole mine at $50m capex and they wouldn't necessarily have to market. The other possibility of for them to farm-in a partner or jv, so there are a few options. That being said few more shares isn't too much of an issue if that does happen, but they do say they are fully funded for the dril campaign
afr article, page-7
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TLG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
47.0¢ |
Change
0.015(3.30%) |
Mkt cap ! $201.5M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 47.0¢ | 44.0¢ | $483.4K | 1.058M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5499 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 28921 | 2 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| TLG (ASX) Chart |