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5.66%

28.0¢ black cat syndicate limited

Yep sounds about right. Im guessing thats what they figured and...

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Joebear

1,993 Posts.

124

19/03/24

13:56

Post #: 72960576
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Originally posted by speculator101: ↑

Hi Joe,
a quick look at the cashflow report from the Q, shows me that if they don't get quick access to the extra $6m in May, they will literally run out of money.
$4.5m burn this quarter, from $8m, leaves $3.5 for the June Q.
Approx $1.5m per month, so.... after May they will be on fumes.
Sure, the funding once secured should see BC8 funded, but, seems very precarious to me (though if I am being fair, they are trying to deal with the FIB).

Once BC8 is fully funded and diluted, at $0.22, the market cap will sit around $110m. With $15m in debt and... hard to tell how much cash before they actually turn the plant on. Seems about right considering the risks still to be faced with pre-production, ramp-up/commissioning, which lets be honest, has been far from smooth for most developers.

Good luck to all patient holders.

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Yep sounds about right. Im guessing thats what they figured and realised they would need cash in May.

BC8 Price at posting: 20.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 28.0¢		Change 0.015(5.66%)		Mkt cap ! $86.39M

Open	High	Low	Value	Volume
26.5¢	28.0¢	26.5¢	$211.7K	766.8K

Buyers (Bids)

No.	Vol.	Price($)
4	106550	27.5¢

Sellers (Offers)

Price($)	Vol.	No.
28.0¢	1555223	6

View Market Depth

No.	Vol.	Price($)
4	106550	0.275
4	85000	0.270
2	250000	0.265
2	42994	0.260
4	153695	0.255

Price($)	Vol.	No.
0.280	1555223	6
0.290	10000	1
0.295	3000	1
0.300	21860	2
0.320	70000	3

Last trade - 16.10pm 08/05/2024 (20 minute delay)


Last 28.0¢			Change 0.015 ( 7.69 %)
Open	High		Low	Volume
27.0¢	28.0¢		27.0¢	362998
Last updated 15.26pm 08/05/2024 ?

BC8 (ASX) Chart

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