Tamboran Resources Corporation (ASX: $TBN) has released its quarterly cash flow report for the quarter ended December 2023. The report indicates that the company expects to continue its operations and meet its business objectives based on the completion of a raise subsequent to the end of the quarter. Additionally, the company may raise capital in the future through the issue of new shares and/or entering into new debt facilities or asset sales.
Yes. As indicated, the Company completed a raise subsequent to the end of the quarter. Further, the Company may raise capital in the future via the issue of new shares and/or entering into new debt facilities or asset sales.
Tamboran Resources Corporation (ASX: $TBN) has reported its quarterly cash flow, affirming its expectation to continue operations and meet business objectives. The company completed a raise subsequent to the end of the quarter and may consider raising capital in the future through the issue of new shares and/or entering into new debt facilities or asset sales. The report provides a positive outlook for the company's ability to sustain its operations and pursue its business goals.
Sourcehttps://announcements.asx.com.au/asxpdf/20240131/pdf/05zx27wt2v4cl4.pdf