DK,
MF at the egm did say that they have secured a rig to start drilling again in Mumbwa in a few weeks. This means results may not get to us till at least Oct - Nov.
I don't see the big players bailing out for now, but you are right that the demand for this stock or any other is low due to insto's now holding their money till everything settles. Long term fundamentals AIM still looks good. TA not so great.
That $75mill raised would be hard to do in todays environment, and it was great work by the co. in securing this just in time. The consequences for AIM would not have been pretty if this was not secured.
announcements to follow, page-4
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Last
39.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $82.48M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 38.5¢ | $24.68K | 62.72K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35851 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.5¢ | 14255 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| AIM (ASX) Chart |