PEN had $25M USD at end of Dec 2022
Should be getting another $18M USD from US government DOE this quarter?
That’s $43M USD in cash, or $60M AUD
Plus any revenue this quarter from current supply contracts (a few million there?)
So more than enough cash while they restart production this quarter
Hopefully we’ll see more supply contracts signed this first half
PEN had $25M USD at end of Dec 2022 Should be getting another...
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