"there are no expected cash inflows from operating activities for twelve months from the date of this report. As a result, the Group will require additional funding over the next twelve months."
The auditors only look 12 months ahead and there won't be any expectation of cash inflows from operations until funding is in place and the board has made a FID.
I don't think that note gives any indication of the time frame to FID. We will have to wait for the next announcement after the $6m is in the bank which will hopefully bring us up to speed on the plan that the extra $6m makes possible.
- Forums
- ASX - By Stock
- HGO
- Ann: Appendix 4D and Results for Half Year Ended 30 June 2022
Ann: Appendix 4D and Results for Half Year Ended 30 June 2022, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HGO (ASX) to my watchlist
|
|||||
Last
7.1¢ |
Change
-0.001(1.39%) |
Mkt cap ! $148.7M |
Open | High | Low | Value | Volume |
7.3¢ | 7.3¢ | 7.1¢ | $159.0K | 2.221M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 156904 | 7.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.3¢ | 789490 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 156904 | 0.071 |
13 | 748343 | 0.070 |
4 | 588840 | 0.069 |
2 | 85000 | 0.068 |
4 | 390000 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.073 | 789490 | 5 |
0.074 | 404179 | 2 |
0.075 | 767587 | 5 |
0.076 | 1408 | 1 |
0.077 | 41873 | 2 |
Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
Featured News
HGO (ASX) Chart |