Had a lengthy conversation with Jon yesterday. A few take away points:
- Last 2 trading days had lots of sell off from a particular holder. Sell off is done (circa of 5 mil shares). The individual sell off was taking place across a few companies concurrently from my understanding.
- Lots of delays with lab processing right now. Turn around time can be up to 10 weeks which is insane!
- Knowing what he knows about the company, he would have purchased on market but he cant because of obvious legal reasons
- Some news coming up next week or week after about resource/reserve update? ( i believe it is for Crake and Coote)
- They will look to finalise financing next quarter
- Will look into cap raise in the mid 20's to finance the new mill
- Considering to do toll milling for the Cannon project to get some more free cash flow
- They are doing quite a bit of PR presentations to get the word out
- He is super excited and confident about the company's future
Good luck to all holders.
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Last
3.9¢ |
Change
0.002(5.41%) |
Mkt cap ! $43.62M |
Open | High | Low | Value | Volume |
3.8¢ | 4.0¢ | 3.8¢ | $8.578K | 223.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15700 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 7627 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15700 | 0.038 |
4 | 197135 | 0.037 |
5 | 585777 | 0.036 |
9 | 308232 | 0.035 |
4 | 441924 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 7627 | 1 |
0.040 | 316947 | 3 |
0.041 | 206306 | 2 |
0.043 | 200000 | 1 |
0.044 | 30150 | 2 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
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