It's a nice story and if the ore body continues below the fault at 450m, then jackpot. My only concern is that there is a lot of deep drilling to be done and not much cash in the bank?
$1.8mil in the bank and $512k planned for June quarter. So that leaves about $1.3mill by the end of next month. Also, don't like that about 50% of the planned expenditure is staff and admin, not much drilling for $200k...
Anyway, apart from the fact they will need more cash soon, i'll keep an eye on it... SP has had a run so at least the CR will be at a higher price!
Dancing in the Dark!, page-11
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Last
$1.24 |
Change
-0.010(0.80%) |
Mkt cap ! $1.580B | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.27 | $1.23 | $9.132M | 7.356M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6000 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 67715 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BGL (ASX) Chart |