Appreciate the above TA, major concern for me is the threat of another Cap raise. Very surface level look at the numbers here and would love hear others opinions. ( I remember a cash flow chart being posted a while ago?) 7m cash in the bank with 4-5m cash burn per year, I’m also assuming R&D expenses will go up for the the 11m anode project over 3 years. As the weeks go by it’s looking less and less likely that the shortfall shares will be placed or the options from previous CR will be in the money.
QLD grant Arena grant (wouldn’t expect anything soon) SII taking more than the minimum / increasing purchase vidcare signing a take or pay CET signing a deal with anyone on the “near term” slide of the half yearly presentation.
How many of these can / will happen to avoid another CR ?
ADO Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)