Thanks to those who had kind comments.
As for where I pulled the 70km to 90km - I used Google Maps. That's why I asked for someone with local knowledge to confirm.
I'm also aware that they have hedging in place. I meant that the gold price moving against them hurts their share price and longer term viability.
As for the potential for another cap raise, my concern is that the $2.2m isn't exactly a "game changer" kind of cap raise so when things are as tight and volatile as they have been for EXG I think its share price and shareholder would have been more comfortable if they knew EXG had the funds to withstand another hiccup rather than needing to fear more piecemeal equity dilutions.
Just calling it how I see it.
- Forums
- ASX - By Stock
- EXG
- Ann: Operations Update - Additional Toll Treatment
Ann: Operations Update - Additional Toll Treatment, page-16
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add EXG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online