yes that KPI timeline is strange. And there is something in there that also tells me a partial takeover/sell-off might occur:
before commercial production in that timeline, there is a KPI for maintaining cash balance above $15mil. But where are we supposed to get $15mil from when we have yet to start producing and generating cashflow? My answer is proportional takeover. I’m of the opinion we will see this happen after resource upgrades Q2 next year.
all IMO
GLTAH
can ask about this KPI timeline at AGM
AGM Resolutions, page-4
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Last
9.8¢ |
Change
-0.007(6.67%) |
Mkt cap ! $210.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.8¢ | $6.405M | 65.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1644860 | 9.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2435187 | 25 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| CXO (ASX) Chart |