RE: NFX......25 Nov 2024 19:50
“In the case that a working capital shortfall exists from the end of March 2025 to fund the Group's requirements for the remainder of the Working Capital Period, the Company would seek to raise further funds from shareholders and other investors. There can be no certainty that a further fundraise could be achieved and in the required timeframe to cover any working capital shortfall from the end of March 2025. In the event that future funding cannot be secured when needed, then the Directors will consider all legal avenues open to them at that time, including the sale of the Company's assets. In the event that the Company is unable to raise sufficient funds or fund itself, the Company's ability to operate as a going concern will be put at risk and an administration would have to be considered, which could provide little or no value for shareholders.”