this company has such a good resource, it is a real shame given the vultures running this show. how they spend 10 mil a quarter on drilling is beyond me.
they have no money coming in, and to just expect dilution via CR is reckless and why the SP is where it is. they are going to have to raise capital in under 4 months... fact. in this market the dilution is going to be soooo pain, and it all could have been avoided with better management such a shame. medium term gold price will be outstanding but gold price could be at 1300 an ounce or 1900 an ounce in 3 months, its a flip of a coin on whether investors flock to cash or gold. for the sake of holders let's hope it's gold
Price Action, page-20
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Last
$1.87 |
Change
-0.065(3.37%) |
Mkt cap ! $2.195B | |||
| Open | High | Low | Value | Volume |
| $1.87 | $1.90 | $1.84 | $32.11M | 17.25M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 102100 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 2674 | 1 |
View Market Depth
| Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
| BGL (ASX) Chart |