Anyone noticed how much cash RGL suddenly will have after this deal announced today?
Cash at bank as per quarterly $599000
Placement $1.532m
Sale of 30% Alaska US$1m = $1.53m
total $3.66m less cost of that placement and small burn rate. Guess at $3.5m now.
Thats more than enough to be active, and drilling. My feeling is we will see a good sized programme announced for Kurnalpi soon, thats the asset that Tolga and co are interested in.
Mkt cap currently $7.66m
My prediction? This is going up.
Anyone noticed how much cash RGL suddenly will have after this...
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Mkt cap ! $6.29M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 13 | 4124527 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.7¢ | 1541760 | 10 |
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| Last trade - 16.12pm 03/05/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
| 0.6¢ | 0.6¢ | 0.6¢ | 27698 | ||
| Last updated 15.15pm 03/05/2024 ? | |||||
| RGL (ASX) Chart |
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