Found the cash flow funding
Cash Position
At the end of June the company had A$1.3 million in cash, and in the September quarter Red Sky secured a $3 million funding facility with U.S. investment fund YA Global Master SPV in exchange for the issue of shares.
With the facility, Red Sky has sufficient cash reserves to fund the proposed Talma pilot test.
Hopefully ROG doesn't choose YA when they get the approval, hope they go elsewhere
morton gas discovery pilot well update agm , page-31
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Last
0.5¢ |
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Mkt cap ! $27.11M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $500 | 100K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 46 | 95385729 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 61205247 | 92 |
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| Last trade - 10.06am 01/08/2024 (20 minute delay) ? |
| ROG (ASX) Chart |