Huh?? Maybe look a little closer.....
Construction is commencing next quarter.
In Q1 2025 there is expected to be a decrease in net operating cash outflows once construction commences at its Bacchus Marsh facility.
The entity is expecting to finance the construction of this facility using project finance. The entity maintains its ability to raise capital in accordance with Listing Rule 7.1.
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- Ann: Quarterly Activities/Appendix 4C Cash Flow Report
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-3
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