NST is saying, take this money for now, it is there if you need it. That way, AJ can focus on getting the job done without worrying about keeping the lights on and having ASX breathing down his neck. NST would much rather get more VXR shares down the track when the SP is higher. NST seems confident of AJ's ability to bring the project to life, I don't see them throwing away money recklessly on other losers on the ASX.
Ann: VXR Secures Loan From NST to Complete DFS, page-8
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Last
$2.04 |
Change
-0.040(1.92%) |
Mkt cap ! $526.4M | |||
| Open | High | Low | Value | Volume |
| $2.05 | $2.08 | $2.00 | $924.4K | 453.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.07 | 9353 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| DVP (ASX) Chart |