I dont understand this announcement.
Costs reduced from $100 Million to $35-$40 Million.
Then near the bottom of the report it states
blah,blah,blah has reduced the costs from $100 Million to between $65 - $70 Million.
So the question is how much will the plant cost
$35, $40, $65 or $70 Million ??????
And to whoever ask the question, Why does the share price go down when they are making annoucements, That is because this announcement was not a good one.
Reducing your production by 50% in the first year, Thats why the price went down. That and the fact that they cannot get funding for the $100 Million plant.
I am waiting patiently to buy LMG, From 2c a week ago, To hopefully 1c in another month or so.
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.63M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $14.42K | 1.777M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
31 | 14645344 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 2503709 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
31 | 14645344 | 0.008 |
21 | 6137499 | 0.007 |
8 | 8098666 | 0.006 |
3 | 1180000 | 0.005 |
2 | 5997000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 2503709 | 9 |
0.010 | 5889201 | 10 |
0.011 | 415607 | 4 |
0.012 | 5731936 | 5 |
0.013 | 800000 | 1 |
Last trade - 10.43am 15/07/2025 (20 minute delay) ? |
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CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
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