$6 MILLION from recent raise will be plenty for a decent size drilling campaign.
Obviously many will be eager to see what lies beneath... but worth repeating that Azure only had 1 rock chip result of over 1% before the drill uncovered the monster resource below.
I predict Raiden will leg up multiple times over coming weeks & months on neighbouring newsflow & especially on our own rock chip results, if as positive as expected.
Other triggers could include:
- Asset sales of non core mining leases
- Takeover offers / Speculation
- On market stakes taken by Neighbours / Instos (potentially already underway due to recent buying pressure)
I believe the above could value us 6.7 Cents (150 mil MC) before drill results.
Beyond that the drill will dictate the future.
Look at all those juicy targets tho!!
Grub
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4.4¢ |
Change
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Mkt cap ! $122.6M |
Open | High | Low | Value | Volume |
4.7¢ | 4.7¢ | 4.4¢ | $1.089M | 24.11M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 1499971 | 4.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 848135 | 9 |
View Market Depth
No. | Vol. | Price($) |
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5 | 1499971 | 0.044 |
14 | 2698600 | 0.043 |
4 | 1211988 | 0.042 |
8 | 786503 | 0.041 |
11 | 1069217 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.045 | 848135 | 9 |
0.046 | 5368858 | 15 |
0.047 | 4327026 | 12 |
0.048 | 1810046 | 9 |
0.049 | 1709028 | 10 |
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