TLG 4.82% 39.5¢ talga group ltd

3.75 quarters left in the bank... at existing cash burn...

  1. reg
    599 Posts.
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    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



 
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