Jas
Let's see the details of the raise before jumping to misleading statements.
we know there is $16m coming from Govt & Regal. it's just timing which management aren't in control of, especially the Govt funds.
If they raise quickly & safe hands & the proceeds are eventually used to expand the deposit, then I would call it prudent management.
In the AGM notes, you will see an item allowing a cap raise. Most junior mines do this every year to provide themselves with flexibility when the business is growing.
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Last
3.8¢ |
Change
0.003(7.14%) |
Mkt cap ! $102.2M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.8¢ | 3.7¢ | $129.8K | 3.504M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2420253 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.8¢ | 614162 | 5 |
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| Last trade - 11.02am 26/06/2025 (20 minute delay) ? |
| EQR (ASX) Chart |