PRM 0.00% 0.5¢ prominence energy limited

will cap raising be necessary, page-3

  1. 356 Posts.
    Thanks for that

    I did previously read the report and it seems they burnt through $2.5 mil in cash for the qtr and only have about $1.5mil left

    Current stated income is about $200k per month?? (if I read it correctly) so it seems a little short unless they can greatly increase sales...thats why I wondered what others thought

    Hopefully they won't need to issue more shares. About 1/3 of CVN's so seems like a good base
 
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