POW 0.00% 0.8¢ protean energy limited

$3m in half yearly accounts. A big chunk of payables is the loan...

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  1. 4,636 Posts.
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    $3m in half yearly accounts.

    A big chunk of payables is the loan - which I understand is the convertible note - subsequently converted given the raise terms meet the criteria of $3m.

    When you subtract the $650k debt and note the ~$900k of "available for sale financial assets" my net cash figures remains ~$3m.
 
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