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1.2¢ kalina power limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-14

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Surandy70

11,308 Posts.

1914

07/08/24

12:10

Post #: 75107098
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Originally posted by standalone: ↑

It doesnt look to me like they have really been conserving cash Surandy. looks to me more like spending money like drunken wharfies on pipe dreams.
I think at the very least they kind of owe some explanations to shareholders as to why Kalina + BH doesnt even rate a mention any more.
Having said that, i do think it is curious they havent pulled the trigger on a cap rasie yet (as they are in dire need of one). perhaps they are close to inking that elusive deal after all.

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If true the quarterly spend would have been much higher.

They have been spending enough to enable the CC-CCS and Saddle Hills projects to remain in good standing so they are ready for swift action once funding is obtained.

KPO Price at posting: 0.4¢ Sentiment: None Disclosure: Held
5 Upvote

0 Great analysis

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