Nice little surprise. Takes away any need or talk of a further cap raise.
Keep approx $15m cash and reduce debt by $15m?
If they can pay the loan down by $15m (loan agreement/terms), they will save $450k per quarter in interest. This would be a significant step to having our first quarterly profit!
The 2nd lot of $30m will be years away, but would see us debt free or give us the opportunity to scale up production or prove up reserves
Ann: Sale of Lithium and Base Metal Rights for up to $60M, page-4
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Last
$3.82 |
Change
0.110(2.96%) |
Mkt cap ! $1.476B | |||
| Open | High | Low | Value | Volume |
| $3.75 | $3.82 | $3.71 | $1.946M | 518.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 4491 | $3.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.82 | 2060 | 9 |
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| Last trade - 12.31pm 30/07/2025 (20 minute delay) ? |
| PNR (ASX) Chart |