Great result?? Talk about low expectations.
Guess that answers why the share price couldn't get a break no matter what gold did. Was not expecting anywhere near this type of dilution (others obviously knew better).
With $300m in the bank and supposedly banks willing to fund around $1b why the f*** would we need another $600m to fund a project with a supposed capex of $1.3b (and that includes $162m contingency and growth allowance). Tells me they know all the figures in the DFS are a total load of BS. Feeling totally blindsided and misled here.
Ann: Underwritten A$600M Equity Raising, page-11
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$1.18 |
Change
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Mkt cap ! $2.828B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.20 | $1.18 | $7.303M | 6.165M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 263586 | $1.18 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 20000 | 1 |
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