Do the arithmetic.
Let's assume an EXTREME worst case: full phase 1 production for a year with zero sales revenue.
Then there's a cash burn of about $240m including corporate overheads etc.
As of the last quarterly they had $170m unrestricted cash on hand and an $80m credit facility.
So even in this worst case there are funds to continue operating for some time.
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Last
$9.99 |
Change
-0.015(0.15%) |
Mkt cap ! $9.340B | |||
| Open | High | Low | Value | Volume |
| $10.25 | $10.32 | $9.91 | $36.79M | 3.645M |
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| No. | Vol. | Price($) |
|---|---|---|
| 34 | 8579 | $9.98 |
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| Price($) | Vol. | No. |
|---|---|---|
| $9.99 | 3259 | 8 |
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| Last trade - 14.48pm 15/07/2025 (20 minute delay) ? |
| LYC (ASX) Chart |