Since entering into the trading halt, the Company has also commenced discussions with an existing major capital provider who is seeking to put in place a capitalisation package that will enable the Company to complete the acquisition of the Cliff Head project from Triangle and meet the ongoing operating and regulatory compliance costs associated with the suspension of production from the Cliff Head project and the transition of the project into a carbon storage operation.
PGY Price at posting:
0.5¢ Sentiment: Hold Disclosure: Held
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