To achieve the range of outcomes indicated in this announcement, funding in the order ofA$97 million will likely be required. While the Company is generating cashflow from operations,has existing cash reserves, has a financing facility through Värde Partners and any start-up workingcapital requirement is anticipated to be covered by the cash flow generation of the existingoperations, investors should note there is no certainty that the Company will be able to raise anyadditional funding if needed. It is also possible that such funding may only be available on termsthat may be dilutive to or otherwise affect the value of the Company’s existing shares.
I think I studied English in a different schooling system to you. To me that says, the company does have means to fund but a warning is required in case there is a shortfall.
NCZ Price at posting:
55.5¢ Sentiment: Hold Disclosure: Held
