$913k end of last qtr and no drilling since then (just waiting on previously drilled core) and maybe some computer modelling from the geos, reduced overheads etc.
A pretty conservative move imo but if the follow-up drilling is unspectacular then we will probably be thankful. For an illiquid stock, a CR price between 2.2-2.4c would have been more appropriate.
At least no options in this CR.
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Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $31.81M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.2¢ | $56.35K | 2.560M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 6154860 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1515338 | 6 |
View Market Depth
| Last trade - 15.49pm 07/08/2025 (20 minute delay) ? |
| ARD (ASX) Chart |