The decline in SP stemmed in the most part from uncertainty about if and when GGG would do a cash raising.
With cash now in the bank from existing shareholders (rights) and new institutions (Danish Pension Funds) and with a decent amount of positive news flow due from:
Firm JV / Funding agreement with NFC
Uranium Partner
Off-take Agreements
Completion of EIS / SIS
Finalisation of Danish / Greenland Co-operation Agreement on U
Lodgement of Mining License Application
I can see the SP headed straight back to 30c+ in the short term!
Cashed up & ready to go!
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.49M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.1¢ | 2.0¢ | $47.47K | 2.326M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 3374763 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 536181 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ETM (ASX) Chart |