Anyone noticed how much cash RGL suddenly will have after this deal announced today?
Cash at bank as per quarterly $599000
Placement $1.532m
Sale of 30% Alaska US$1m = $1.53m
total $3.66m less cost of that placement and small burn rate. Guess at $3.5m now.
Thats more than enough to be active, and drilling. My feeling is we will see a good sized programme announced for Kurnalpi soon, thats the asset that Tolga and co are interested in.
Mkt cap currently $7.66m
My prediction? This is going up.
Ann: CASH AND US$5M EARN-IN & JOINT VENTURE AGREEMENT FOR ALASKA, page-8
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0.7¢ |
Change
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Mkt cap ! $8.467M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.8¢ | 0.7¢ | $259.8K | 34.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 4299526 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 6686426 | 13 |
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| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| RGL (ASX) Chart |