This is from page 3 of the recent quarterly:
“As announced on 29 Nov, the total funding the Company is seeking for the Stage 1.5 expansion is ~A$15m, which is comprised of A$9m capital expenditure and A$6m working capital. As announced on 22 Dec, the Company expects the finalisation of a funding solution for the Stage 1.5 expansion by the end of January 2024.”
So imho, a great result. And yes, no surprise, unless investors are surprised the company has done what it said it would.
Looks like we dodged the recent flooding (that went way south)… and now funding sorted.
‘24 looking good.
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