Seems optimism is high that they are on a good thing. Something to happen within 12 months?
9.4 Going Concern
The Company has a historical net loss of $423,999 and operating cash outflow of $126,551 for the half year ended
31 December 2020. The Financial Information has been prepared on a going concern basis, which assumes continuity of
the Company’s normal business activities and the realisation of assets and the settlement of liabilities in the ordinary course
of business.
Following Completion of the Offer, the Company expects a pro forma historical cash and cash equivalents as at 31 December
2020 of $31,880,511. Further, subsequent to 31 December 2020, the Company raised $20,000,000 (before transaction
related costs) in April 2021 from Sophisticated investors and institutions (which are not included in the above pro forma
historical cash balances).
The Directors expect that these funds, will be sufficient to allow for the Company’s planned projects, provide the necessary
working capital to meet its ongoing obligations and the stated business objectives for at least 12 months from the date of
the Offer.
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Ann: Deakin ManuFutures Expansion Benefits Li-S Energy, page-113
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Last
55.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $48.12M |
Open | High | Low | Value | Volume |
55.0¢ | 55.0¢ | 49.5¢ | $47.03K | 90.34K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1100 | 54.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
55.5¢ | 380 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1100 | 0.540 |
1 | 130 | 0.535 |
1 | 5924 | 0.530 |
1 | 2500 | 0.525 |
1 | 15384 | 0.520 |
Price($) | Vol. | No. |
---|---|---|
0.555 | 413 | 2 |
0.565 | 985 | 1 |
0.575 | 985 | 1 |
0.600 | 5000 | 2 |
0.630 | 1500 | 1 |
Last trade - 11.34am 11/07/2024 (20 minute delay) ? |
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I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online