Don't they plan to fund the remaining $15m through sales of DSO and native copper?
"The Group plans to fund the remaining capital expenditure and working capital of approximately $45m through the $30m share placement to China Oceanwide International Investment Co. Ltd and through sales of processed ore and/or native copper. During the period the Group completed minor sales of unprocessed ore however it is the Group’s intention to sell processed ore in future periods to maximise the profitability of the project."
That would be a good outcome. Or is there another source of obtaining this $15m. I would like to see some sales soon.
- Forums
- ASX - By Stock
- Missing millions. $20m due this week.
Don't they plan to fund the remaining $15m through sales of DSO...
-
- There are more pages in this discussion • 10 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 CDU (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online