RAP 0.00% 20.5¢ raptor resources limited

Ann: Annual General Meeting Presentation, page-3

Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
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  1. 172 Posts.
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    Very good questions raised in the meeting today. Thank you to those that asked them.

    What I really liked hearing was the confidence that came from TK when discussing whether there will be a need for a CR in the future. He sounded very confident that with the cash in the bank (plus FY20 & FY21 R&D rebates) we'd be set right through to receiving material revenue.

    As shareholders are unaware of discussions that are happening in the back ground, I think TK was hinting that he expects to lock down enough contracts and deals by mid next year (I.e. 1 to 2 quarters before they run out of cash and need to start looking at a CR to stay afloat) to become operating cashflow neutral at worst.

    IMO. DYOR.
 
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