ALV 0.00% 14.0¢ alvo minerals limited

Capital Raising Incoming

  1. 816 Posts.
    lightbulb Created with Sketch. 189
    I'm still following ALV and I like the company, but no-one has made any mention of ALV's cash position. Why?

    Looking at the September Quarterly, the cash position of $2.9M looks good, however, the quarters remaining states only 2


    https://hotcopper.com.au/data/attachments/5868/5868753-38e03fdf40ea295738b437e0c59b104a.jpg

    https://hotcopper.com.au/data/attachments/5868/5868755-1da5bd1b371a242807a98201a8a88362.jpg

    So according to the quarterly ann., the funds should last another 2 months?

    It just surprises me that no-one seems to find this of any importance whatsoever.

    Capital raising surely incoming this month?
 
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