I'm sorry, but I cannot find anywhere in the Announcement where "They have made it quite clear they don't need any money" as I mentioned in a previous post, the last report from when the Broker visited the site, indicated many items that could/should be upgraded to better process things, and in each of those cases, it was Money that was required to upgrade them.
Yes the Alluvials are bringing in money, but when was the last sale and for how much?
Plus with the increased fleet, the Kimbo program etc... costs are rising.
Many people on here were talking about the Option Conversion being the big money that would make all of that happen. If options are not going to be in the money until next year (or even later this year) then the exercising of options wont be happening... where is all the money coming from for the Fleet repayment and Kimbo Program and other upgrades they mentioned?
Ann: New Option Issue, page-74
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add LOM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
7.0¢ |
Change
-0.001(1.41%) |
Mkt cap ! $20.30M | |||
| Open | High | Low | Value | Volume |
| 7.1¢ | 7.1¢ | 7.0¢ | $13.55K | 193.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 120000 | 6.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 259859 | 6 |
View Market Depth
| Last trade - 10.58am 26/07/2024 (20 minute delay) ? |
| LOM (ASX) Chart |