My next question is, how prudently can SDL manage the $18m it has left in the bank, considering drilling and sample testing will re-start in November?
Will SDL have to come hat in hand to investors again before securing it's strategic partner? I was hoping that partners would be in place before funds from the last SPP were spent.
I'm still quite confident in the company, and can understand why possible partners would want to wait a little longer and make sure the resources that the CAPEX and other financial modelling is based on are actually there. I don't think finding a little more money if it came to that would be too big of an issue either when you consider our cornerstone investor.
- Forums
- ASX - By Stock
- investor presentation africa down under
My next question is, how prudently can SDL manage the $18m it...
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online