8.8.2 Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful? Answer: The Company has received approaches from both current and potential new large scale strategic investors to participate in near term funding options for the Company’s projects. The Board is confident, given the quality of the Company’s projects and the Company’s previous successful capital raises during 2022 and 2023 that it will be able to raise additional capital as and when required.
Looking forward to further news on strategic investors particapting. Might be a cataylst for a long awaited share price increase.
FEG Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
