Around $28m in the bank, and $3.5m in ore serves sitting there, which I assume can be easily disposed of.
Even so, it will only take a few quarters to burn through the ~$30m without improvement. They've got a lot of optimising to do, by the sound of it.
Unclear to me how the market might react, given the significant selldown of late.
Ann: Half Year Accounts, page-4
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20.3¢ |
Change
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Mkt cap ! $45.08M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 20.0¢ | $7.82K | 38.17K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 477013 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 11489 | 2 |
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| Last trade - 13.07pm 12/07/2024 (20 minute delay) ? |
| E25 (ASX) Chart |