Adage
At current spending before the $600k HAV has only 2.25 quarters of funding left.
Add the $600k and it will get them another quarter maybe.
Currently burning $777k a quarter.
PEPR document wont be finalised till feb march at best then needs to be resubmitted for approval by SA GOV. I guestimate at best May.
No finance till Gov approval at best guestimate May June of which HAV will be negotiating from a rather cash strapped weak position.
From March the clock will be ticking again.
Only my summation of timelines going forward.
Another CR is inevitable and the market knows it.
Cheers
Ann: Proposed issue of securities - HAV, page-5
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $55.41M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.5¢ | $4.157K | 23.53K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 88394 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 55384 | 3 |
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| Last trade - 15.53pm 27/08/2024 (20 minute delay) ? |
| HAV (ASX) Chart |