To me the following commentary from the chairman’s report is quite clear that a substantial equity raise is on the way - this is not going to be debt funded like most holders would be hoping.
Discussions with multiple potential counterparties have taken place and we are well advanced in finalising a funding structure we believe is balanced, efficient and cost-effective. This structure also minimises our exposure to the challenges of inflation and supply chain delivery, whilst optimising the value of our existing infrastructure in the Cobar area.
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Last
18.8¢ |
Change
-0.003(1.32%) |
Mkt cap ! $313.1M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 19.0¢ | 18.5¢ | $80.61K | 432.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 1370142 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 2254276 | 32 |
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| Last trade - 12.48pm 07/08/2025 (20 minute delay) ? |
| AMI (ASX) Chart |