Cash was $1.1m on 30/6/23 then raised $2.4m in Sept 2023
Cash was $2.9m on 31/09/23
31/12/23 = $2.14m
31/3/24 = $1.44m
They would be down to $1.1m now having only just started drilling after having $2.9m in cash. I think the rig only cost them $250-$300k from memory. He's usually frugal but they are in a bad spot at the moment. Need to pull a rabbit out of the hat or a nasty CR is coming.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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4.0¢ | 140000 | 1 |
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No. | Vol. | Price($) |
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1 | 143800 | 0.034 |
1 | 400000 | 0.033 |
1 | 93780 | 0.032 |
1 | 330000 | 0.030 |
Price($) | Vol. | No. |
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0.040 | 140000 | 1 |
0.042 | 75000 | 1 |
0.049 | 200000 | 1 |
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