Unsurprisingly, you've missed a whole lot. The lack of cash available now and the need for a capital raising is in part due to the poor decisions in the past. Hard to work out the totals without a full forensic analysis of shareholdings but I estimate they've spent about A$40-45M on juniors now worth ~$30M. Aside from the value lost, if they hadn't bought these stakes then they may have avoided a capital raising by restructuring debts.
The Orca Gold original stake alone in 2018 was A$25M at 67.5 cents. Orca Gold share price now = C$0.32. Worth= A$9M
Oklo Gold, average buy in price appears ~25 cents. Current price=17 cents. They hold ~38m shares so we'll call that $10M bought that are worth $7M
Loncor up ok in last 6 months. Mako, Manas inconsequential but both have tread water since Resolute bought in.
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Last
70.5¢ |
Change
-0.005(0.70%) |
Mkt cap ! $1.500B |
Open | High | Low | Value | Volume |
70.0¢ | 71.0¢ | 69.0¢ | $9.005M | 12.87M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 151500 | 70.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
70.5¢ | 99995 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 144000 | 0.700 |
1 | 5500 | 0.695 |
13 | 315905 | 0.690 |
9 | 230611 | 0.685 |
18 | 304195 | 0.680 |
Price($) | Vol. | No. |
---|---|---|
0.710 | 50000 | 1 |
0.715 | 111762 | 4 |
0.720 | 198762 | 3 |
0.725 | 58223 | 2 |
0.730 | 97294 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
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