Background:
If you are interested in investing in TAW/AMAL, please read the Scheme Booklet in particular the independent expert's report.
https://www.asx.com.au/asxpdf/20180820/pdf/43xhbl7ykpmy5g.pdf
From my understanding, funds raised so far from TAW/AMAL were mainly for the "newly-constructed assets and start-up operations". ASX just wants to see additional funding to cover ongoing operation during the initial phase of the project. As we're exposed to higher level of cash outflows due to pre-strip activities and repayment of the Burwill prepayment.
Background: If you are interested in investing in TAW/AMAL,...
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