In all honesty, I look at the chart and see where the price was before the anticipation of the election and the SP was sitting sub 20's. That is where I believe it is headed back too.
I have thought long and hard about this one.
In regards to cap raising, I wouldn't see any need for more funds at this stage. They will be working on the feasibility study, they've spent a lot on drilling already.
I reckon the options will be in the money in 2011 so they'll have funds from that. If they get a mining licence, a cap raising might be on the cards in 2011..
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Open | High | Low | Value | Volume |
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4 | 897369 | 0.021 |
7 | 2889031 | 0.020 |
1 | 150000 | 0.019 |
2 | 1055610 | 0.018 |
Price($) | Vol. | No. |
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0.025 | 2466191 | 5 |
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