So they had $2m in cash at the end of March with another $900,000 coming in from the placement second tranche. I suppose they've probably spent about $1m since on exploration, travel & directors fees, etc. So about $1.9m or less in the bank. Debt repayment rolled out to Dec 2025 but now committed to providing Jetosea with extra shares in the next issue. Would have thought worth getting a project funding over the line first, to maximise share price, but no. Anyone know if a local broker is making calls?
Ann: Trading Halt, page-9
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