I reckon I'll be in for a bit more,
1) hopefully cash burn curtailed (that was way way out of control!!!!),
2) more money spent on exploration and development than management and admin is what I am hoping to see. (that was also out of control)
3) According to the document, "Offer Booklet For Rights Issue" and trusting this is a true and accurate statement
"Havilah Resources’ cash position at the end of July 2019 was approximately $3,820,000. Assuming that the Offer is fully subscribed, the Entitlement Offer will provide the Company with additional funds of $5,456,584 (before costs).
On this basis, on completion of the Entitlement Offer (before costs), the Company will have approximately $9,276,584 in cash (made up of $5,456,584 raised under the Entitlement Offer and $3,820,000 cash balances at 31 July 2019 (before expenses incurred from 1 August 2019 to the date of this Offer Booklet, which includes repayment of a $1,500,000 loan to Investec Bank and one-off expenses arising from promotion of the GFG Transaction and re-structuring costs)."
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23.5¢ |
Change
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Mkt cap ! $74.41M |
Open | High | Low | Value | Volume |
23.5¢ | 23.5¢ | 23.5¢ | $118 | 504 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8089 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 54200 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 8089 | 0.225 |
3 | 45585 | 0.215 |
3 | 40040 | 0.210 |
1 | 4582 | 0.205 |
1 | 22456 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 54200 | 1 |
0.235 | 16162 | 1 |
0.240 | 50136 | 1 |
0.245 | 149923 | 5 |
0.250 | 53200 | 2 |
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