Fairly positive spin…
Until you get to the “Lindi Jumbo Cashflow” section….
I do wonder where the funds will come from in regard to this direct comment in the Ann - “The company has committed to a future injection of a minimum US$2m to Lindi Jumbo to bolster Project Cashflows”. This is outside of the Gemcorp drawdowns….
This Ann won’t move the market greatly into buying mode.
Ann: Lindi Jumbo gears up for first graphite concentrate export, page-5
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Mkt cap ! $70.48M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.0¢ | 10.5¢ | $6.241K | 57.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 287933 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1104375 | 17 |
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