They likely won't burn through that before getting some kind of pre-payment purely due to how extreme the macro situation is. People are desperate for copper offtake and there's not a lot of places to pull extra copper from.
Not saying it's a 100% sure thing, but I was comfortable enough to enter with this in mind. I think the macro is strong enough to force something before another raise is needed and it seems management is working towards that hard as evidenced by the recent announcements.
Just my opinion.
They likely won't burn through that before getting some kind of...
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Last
4.4¢ |
Change
-0.001(2.22%) |
Mkt cap ! $26.01M | |||
| Open | High | Low | Value | Volume |
| 4.5¢ | 4.7¢ | 4.4¢ | $35.57K | 795.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 51514 | 4.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.7¢ | 570000 | 3 |
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| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
4.4¢ |
Change
-0.001 ( 1.35 %) |
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| Open | High | Low | Volume | ||
| 4.5¢ | 4.7¢ | 4.4¢ | 334723 | ||
| Last updated 14.25pm 27/05/2024 ? | |||||
| ANX (ASX) Chart |