The other way of looking at the funding is it gives you a clear window for any capital raise (if required) by July.
Let’s just say for shits and giggles the banks aren’t happy with some of the metrics presented by the deadline required and want more granularity before approval. So they extend the deadline and say come back to us when it’s less opaque.
in the absence of a white night - LTR would have to carry out an emergency CR to tide itself over. It’s already volunteered it NEEDS funds by July….
Cheers
#Graphite
DYOR IMO
Ann: March 2024 Quarterly Activities and Cashflow Report, page-34
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Last
$1.21 |
Change
-0.075(5.84%) |
Mkt cap ! $2.933B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.28 | $1.21 | $13.83M | 11.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 238348 | $1.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 125540 | 2 |
View Market Depth
| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
$1.21 |
Change
-0.075 ( 6.16 %) |
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| Open | High | Low | Volume | ||
| $1.27 | $1.27 | $1.21 | 1979003 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| LTR (ASX) Chart |