The simple answer to that is YES
All of these exploration companies are funded by capitol raises.
So dilution is a natural part of this sector.
However it is what they do with the money that counts.
As well as getting in before that have a BIG hit!
As well as getting government grants that stretch our budgets further than most.
I believe currant market cap of just over 12 million is pretty cheap when you look at it's currant reserves and the currant work program?
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $31.81M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $56.35K | 2.560M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 6154860 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1515338 | 6 |
View Market Depth
| Last trade - 15.49pm 07/08/2025 (20 minute delay) ? |
| ARD (ASX) Chart |