POS is still at least a year and half away from DSO/Production. Till then cash burn will continue.
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Once DSO/production start, then it will become self funded project. Till then POS need to survive on Capital Raising.
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Before DFS is out, it is high likely any bank will finance (Debt ) the project in part and part coming from Capital Raising.
POS is still at least a year and half away from DSO/Production....
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0.4¢ |
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Mkt cap ! $14.63M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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|---|---|---|
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| POS (ASX) Chart |