When they talk about the final financing package to possible include equity, surely they are not talking about a Capital raise.
They did mention in a prior announcement that the FID would result in a major revaluation for the company so I’m hoping FID and any equity placement is all wrapped up in 1 deal so they can announce to market in 1 announcement.
Also, contracts are 93% complete. Are they waiting for 100% before they can achieve FID.
They have until October until they are out of cash. Should be plenty of time to achieve FID.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2
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Last
34.5¢ |
Change
-0.020(5.48%) |
Mkt cap ! $135.3M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 35.5¢ | 34.5¢ | $30.98K | 88.08K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 27666 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 37.0¢ | 9087 | 1 |
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| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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34.5¢ |
Change
-0.020 ( 4.27 %) |
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| Open | High | Low | Volume | ||
| 35.5¢ | 35.5¢ | 34.5¢ | 26256 | ||
| Last updated 15.57pm 30/05/2024 ? | |||||
| HFR (ASX) Chart |