NKP 0.00% 9.9¢ nkwe platinum limited

capital raising??, page-7

  1. 5,657 Posts.
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    Expanded.

    Just a quick note. They believe they will have "Access" of funding of the next 12 months.

    The financial report has been prepared on a going concern basis. In arriving at this position the
    directors have had regard to the fact that the Group has, or in the directors? opinion will have "access"
    to, sufficient cash to fund administrative and other committed expenditure for a period of not less than 12 months from the date of this report.

    Looks like they is $5 (Dec) in the bank. Cash burn around $3m a "Q" according to the Annual. $2m Admin.

    Good day for all holders. Lets see if these guys can get a mine up and running.
 
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