WAK 1.96% 5.0¢ wa kaolin limited

Last quarter they had $2.7m left which was estimated to be about...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 31 Posts.
    lightbulb Created with Sketch. 5
    Last quarter they had $2.7m left which was estimated to be about 1.5 quarters of cashflow. So by rough calculations 5m from the sale will see another 2.5-3 quarters of cash left going into the new FY. The newest presentation stated they expected to be cash flow positive by H2 CY 2023, assuming more delays so at least Q4 2023 and we just get through without raising again
 
watchlist Created with Sketch. Add WAK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.