From the Chairman's address in November 2023. Quite a lot of significance to look forward to in Q1/2024.
"A funding strategy has been developed to facilitate the raising of necessary finance for the
Ovoot Project which is being progressed in parallel to the finalisation of approvals and
development of the Independent Technical Report. The primary aim of the strategy is to fund
various elements of the Ovoot Project (ie Mine, CHPP, Road) independently through various
debt/finance structures that best suit each element.
The development plan for the Ovoot Project has key deliverable milestones that Management
are working towards which include:
• Finalisation of major approvals within Q1 2024;
• Delivery of an Independent Technical Report within Q1 2024;
• Finalisation of major project financing arrangements within Q2 2024;
• Commencement of construction activities within Q3 2024; and
• Commencement of pre-stripping operations within Q2 2025 targeting first coal
production by end 2025.
Also, the Board and Management have listened to and understand the shareholder and
investor desire for a greater level of communication from the Company, and I can advise that
an Investor Relations Strategy has been developed and will be implemented in 2024"..
maybe its actually about to happen, page-120
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Last
26.0¢ |
Change
0.020(8.33%) |
Mkt cap ! $131.9M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 26.0¢ | 24.0¢ | $279.4K | 1.086M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2740 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 3769 | 1 |
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| Last trade - 15.48pm 14/06/2024 (20 minute delay) ? |
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Last
26.0¢ |
Change
0.020 ( 10.6 %) |
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| Open | High | Low | Volume | ||
| 24.5¢ | 26.0¢ | 24.0¢ | 72365 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| AKM (ASX) Chart |