@Welsho54 Your expectation surrounding 2022 is consistent with the view of the BoD, which has a target that LPD will be generating cash from operations by 2022. Notwithstanding, there may be a need for cash, as stated in the ann, for previously unfunded R&D, new process technology development and working capital. It is important to note that this is a standby facility and may never be exercised.
Ann: Lepidico secures $7.5 million facility & 3B, page-73
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Last
0.2¢ |
Change
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Mkt cap ! $17.17M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $7.027K | 3.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 167 | 144696372 | 0.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 73484494 | 49 |
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| Last trade - 10.04am 25/07/2024 (20 minute delay) ? |
| LPD (ASX) Chart |