ESG 0.00% 86.5¢ eastern star gas limited

20millon capital raising, page-17

  1. 41 Posts.
    Dec Q they had a cash position of $27m and no debt, March Q their exploration and admin costs of $20m. So they appear to be funded to complete the March Q but to develop the field they require funding NOW. Ok it's at 55c (bit low) but is the raising critical....YES. This company has everything going for it and this funding will only help support the story for the long term!
 
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