KRR will need to raise cash at some stage to be able to afford more drilling campaigns.
Waiting for the SSM Pfs or whatever to hopefully lift the SP in order to achieve a better outcome for a cap raise to drill will imo not fool investors.
I think they have lost confidence in Mt Remarkable, and are not yet confident with target points to drill
at Tennant Creek either.
The share price atm is like a lulled yacht with no wind in its sails drifting at the mercy of ocean currents.
The Road Ahead, page-51
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Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $16.81M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.1¢ | 1.0¢ | $4.615K | 460.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1751415 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 679699 | 3 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| KRR (ASX) Chart |