I agree with all your thoughts here. Very underwhelming imo. $104m Capex for $205m NPV is going to make it very hard to.get finance.
$4m cash in the bank after ridiculous cash burn the last 2 quarters. What happened to funding for 9 quarters? CR will be announced pretty soon I'd think.
Not to mention the $240k to come up with the name " EVION to consultants.
Those who got in the last cap raise at 18 cents will be kicking themselves.
I agree with all your thoughts here. Very underwhelming imo....
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Mkt cap ! $8.649M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.5¢ | $18.53K | 741.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 3 | 218578 | 2.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 2.6¢ | 212000 | 2 |
View Market Depth
| Last trade - 15.02pm 10/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 2.5¢ | 2.5¢ | 2.4¢ | 121622 | ||
| Last updated 15.27pm 10/05/2024 ? | |||||
| EVG (ASX) Chart |