Am I reading this right?? They have 930k USD in cash remaining and a payment of 780k USD due in July, so they will have close to no money shortly. How do they have any chance of funding the Kiwi/PEL 182 expansion plans without a massive equity raise?
It seems like all the talk of becoming a "mid-tier" producer is total BS and bordering on deceitful.
Ann: Quarterly Activities Report and Appendix 5B - December 2023, page-2
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Last
7.0¢ |
Change
-0.001(1.41%) |
Mkt cap ! $20.33M | |||
| Open | High | Low | Value | Volume |
| 7.2¢ | 7.2¢ | 6.8¢ | $41.57K | 596.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 199925 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 7.2¢ | 20000 | 1 |
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| Last trade - 15.54pm 30/05/2024 (20 minute delay) ? |
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7.0¢ |
Change
-0.001 ( 1.41 %) |
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| Open | High | Low | Volume | ||
| 7.2¢ | 7.2¢ | 7.0¢ | 38632 | ||
| Last updated 12.50pm 30/05/2024 ? | |||||
| BAS (ASX) Chart |