Hey @wassa, ha, I can only agree about the raising. It is what it is, and we don't know what else is brewing (or the time frames SL is working towards).
Cannot deny, it is a big bloody weight off my shoulders seeing the update today.
Not sure about others, but... until the numbers are actually achieved, its all just hopeium...
My rough numbers shows that March produced 6902 ounces.
Jan - 7900
Feb - 6867
Mar - 6900
Which, is great, as it basically beat Feb and hopefully shows that Stage 2 ore is consistantly at a grade of around 1g/t. It also gives me a run rate of around 82k p.a (though of course, GCY is unlikely to be able to get their monthly production that consistant).
The cash build is indeed a great outcome. Rough numbers imply they added approx $10.7m?
Net cash at Dec 30 was $6.3m ($26m cash, $20m debt)
(debt + I think $500k in interest fees needed to be paid off.
We now sit with $31.2m. (take out the $15m from the raising, though... I bet there was a 5% fee, so closer to $14.2m)
Unlike some, while I would have liked to buy more yesterday... I just couldnt! ha. Fully invested....
Ann: Quarterly Activities Report, page-10
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Last
$1.18 |
Change
0.060(5.36%) |
Mkt cap ! $1.306B | |||
| Open | High | Low | Value | Volume |
| $1.14 | $1.20 | $1.14 | $5.063M | 4.320M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 18296 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 10000 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| SPR (ASX) Chart |