AKE 0.00% $9.83 allkem limited

Q1 2017 (H2 2017) profit forecast, page-2

  1. 1,559 Posts.
    Obviously you are rather new to Orocobre.

    05/02/2015 press release:
    "$50 million Capital Raising Completed - Provides working capital to support the Olaroz Lithium Plant through production ramp up" and "We are now well funded to take Olaroz and the Company through to the next stage of development, becoming a profitable operating company."

    Just 5 months later (9/06/2015 press release):
    "$32.3 million Capital Raising Completed - We are now approriately funded to take Olaroz through to becoming a profitable operating company."

    Again a couple months later (22/01/2016 press release):
    "$85 million Capital Raising Completed"

    So when I hear them say there won't be a cash raising I know it's coming for sure.
 
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