2. Yes, the board reviews its cash position along with its expenditure commitments and funding requirements on an ongoing basis. PKO intends to conduct a pro-rata rights issue to fund ongoing operations later this quarter. The board believes that PKO has the ability to successfully raised additional capital, based on its previous ability to raise funds when required and the ongoing support of PKO’s shareholders.
PKO Price at posting:
1.2¢ Sentiment: Hold Disclosure: Held
