AXE 4.35% 24.0¢ archer materials limited

Ann: Chairman's 2022 AGM address, page-27

  1. 1,680 Posts.
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    Thanks Tonza for the AGM update

    I would love to comment re timelines and the expansion/office in the US etc - but don't have time atm... but I believe it's all positive...'wink.png

    I will though add to your comment re the future need for funds;
    Yes we are well capitalized well into to 2024/25 at current cash spend but as we all know the team has expended at Archer over the past 6 months so we are not definite about the current cash spend... But what people may or may not be aware it the Archer is currently in the R&D stage of the 12CQ and Bio-chip and with that comes many $$$ government refunds on spending in this area, so I don't think we need to currently worry about any cap raise unless something big (acquisition) comes our way as Tonza points out.
 
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