3.75 quarters left in the bank... at existing cash burn rate.
Cash burn is about to accelerate rapidly due to procurement and construction costs, so the $38.6m won't last long.
I'd imagine that the bulk of the funding would need to be in place before the EIB provides access to their funds. Am new in these parts so others will have far greater insight than I do
3.75 quarters left in the bank... at existing cash burn...
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Last
68.0¢ |
Change
0.010(1.49%) |
Mkt cap ! $258.2M | |||
| Open | High | Low | Value | Volume |
| 68.0¢ | 69.0¢ | 67.0¢ | $86.22K | 127.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 38000 | 67.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.5¢ | 19963 | 1 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
67.5¢ |
Change
0.010 ( 0.36 %) |
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| Open | High | Low | Volume | ||
| 68.5¢ | 68.5¢ | 67.0¢ | 44177 | ||
| Last updated 15.59pm 15/05/2024 ? | |||||
| TLG (ASX) Chart |