I agree it is prudent to have extra funds for unforeseen issues with commissioning, and hopefully that's what they mainly got them for.
But to read so much for 'Business Development' at this stage is a bit jarring...hopefully they just judged BD would be a better to use than contingency funds.
I don't really mind an option to buy the 20% of the Brazilian project...Surely, they can't be considering buying into any more projects now until we are cashflow positive.
I agree it is prudent to have extra funds for unforeseen issues...
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Last
28.5¢ |
Change
-0.035(10.9%) |
Mkt cap ! $112.0M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 32.5¢ | 28.5¢ | $172.7K | 587.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 31899 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 73064 | 4 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
29.5¢ |
Change
-0.035 ( 3.28 %) |
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| Open | High | Low | Volume | ||
| 31.0¢ | 31.0¢ | 28.5¢ | 183495 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| SFX (ASX) Chart |