View attachment 6873612I am not so certain that we will just trundle along ‘as is’ for the next 12 months Lewis.
Firstly the date of that balance was almost three months back.
Secondly the grant money has to be used on particular activities, I think with other entities and, once that is deducted, I count just $11.4m.
And the spend in the previous six months;
“The Group had cash outflows from operating activities of $7.9 million, and cash outflows from investing activities of $5.2 million for the half-year ended 31 December 2024.”…I’d assume…
(and I’m also assuming ‘action at the station’ in the near future will alter those ‘underlying assumptions’ of going concern - ie AVL will announce capital intensive project news)That a cap raise is still imminent ….
But I dunno.
cheers
(20min delay)