To add some more information about the $4 million:
Firstly net of costs it was $3.75 million (re the prospectus).
Secondly from the presentation on the 1st of September discussing their planned drilling programme, page 2:
"• Initial work commitments are two core holes, earning 50% in ATP 840 and 33.3% in ATP 904
• Estimated cost is $2.5m. CRL will be the operator"
So this leaves $1.25 million minus running costs of the business plus cash as at the end of June.
Is that really enough for the CTP JV?
rog financing and cash, page-7
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ROG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $21.68M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.4¢ | $13.13K | 3.252M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 7275832 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 71283376 | 115 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| ROG (ASX) Chart |