The salient point I have bolded....
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.
Ann: Response to ASX Appendix 5B query, page-2
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.635M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2500000 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 2500000 | 1 |
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| Last trade - 16.12pm 25/11/2024 (20 minute delay) ? |
| PKO (ASX) Chart |
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