The SP might fall to below 3c which means far too much share dilution if they want to CR for a multi fracced horizontal/high angle well next year.
They have about $A10 million in the bank, so no immediate need for a cash call.
JV would help, but large companies usually take months to decide whether to invest more in the Taroom Trough.
Investing at this time seems like too much of a gamble?
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Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.58M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 2.9¢ | 2.8¢ | $5.62K | 197.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1366158 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 2192351 | 4 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| EXR (ASX) Chart |