The Company will require further funding during the 2012 and 2013 financial years in order to meet day to day obligations as they fall due and progress its exploration projects. Based on the Company’s cash flow forecast the Board of Directors is aware of the Company’s need to access additional working capital funds in the next 12 months to enable the Company to continue its normal business activities and to ensure the realisation of assets and extinguishment of liabilities as and when they fall due.
TPL Price at posting:
1.4¢ Sentiment: None Disclosure: Held