POS is still at least a year and half away from DSO/Production. Till then cash burn will continue.
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Once DSO/production start, then it will become self funded project. Till then POS need to survive on Capital Raising.
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Before DFS is out, it is high likely any bank will finance (Debt ) the project in part and part coming from Capital Raising.
POS Short Term Target $0.155/Share, page-170
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0.3¢ |
Change
-0.001(14.3%) |
Mkt cap ! $12.54M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $4.565K | 1.297M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 111 | 89296834 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 51186566 | 43 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| POS (ASX) Chart |