Good update - cases are progressing well and looks as though they're going to avoid raising balance sheet equity and instead use debt and/or partnership funding. They need to consummate something on the financing side very soon given they're down to $1.8m cash with forecast outgoings of $4m this quarter - i will continue to sit on the sidelines until details of any such financing arrangement are announced.
- Forums
- ASX - By Stock
- Ann: Company Update
Good update - cases are progressing well and looks as though...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LCA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online