surprised this is not already a lot higher, bought in today. I guess the market is concerned about the CR needed for development. Based on reports they can debt finance upto $70million. I would say they would be looking at another $25million minimum in equity raising which would be well supported now. I am hoping for a rights issue to top up. A month ago things were looking grim to raise cash, today its a completely different story.
For a potential 200,000 ounce pa producer this is a great story, exploration success is the key of course to outperformance which is why they would want another $10million for exploration this year to really build on the resources and prove up another few years of production
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Last
$1.30 |
Change
0.020(1.57%) |
Mkt cap ! $1.433B |
Open | High | Low | Value | Volume |
$1.28 | $1.30 | $1.27 | $3.351M | 2.600M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
57 | 61692 | $1.29 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.30 | 75566 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
52 | 47645 | 1.290 |
6 | 34112 | 1.285 |
9 | 64413 | 1.280 |
8 | 74461 | 1.275 |
7 | 99148 | 1.270 |
Price($) | Vol. | No. |
---|---|---|
1.295 | 130582 | 17 |
1.300 | 208124 | 18 |
1.305 | 247067 | 17 |
1.310 | 213432 | 14 |
1.315 | 139097 | 7 |
Last trade - 14.24pm 15/08/2024 (20 minute delay) ? |
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