the project can be debt financed, and if it cant pay off the debt its a bad project and shouldnt have been financed to begin with so better to wipe debt than wipe more equity
I have a feeling they won't be able to get the debt in time with their current burn rate so suspect a raise in the near future aswell given timeliness dragging
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-50
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Last
60.0¢ |
Change
0.030(5.26%) |
Mkt cap ! $247.3M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 61.0¢ | 57.0¢ | $810.7K | 1.359M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 110516 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 60.5¢ | 20509 | 6 |
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