Gee troops - some very quick to show displeasure. Perhaps some are forgetting that we are heading towards the end of 2020 and into 2021. We are not out of the woods yet and I think it is a good move to get it done now.
The CR share price, whatever it is to be, will never please everyone and yet has to be done at a reasonable discount.
We shouldn't forget that we are very likely heading for desperate times (it's not as if everything is well and rosie in our world right now just because we are opening borders) things are likely to tighten up and it might be difficult to even raise $2 million next year when the company will need it. Some holders (depending on circumstances) might even find it difficult to find the dollars to exercise their options.
Between now and end of this year GRL are likely to spend a significant amount on drilling to see out planned drilling and the current bank balance is not that big.
Personally I am all for it as it adds a safety net.
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.386M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 328333 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 200000 | 1 |
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| Last trade - 16.21pm 31/07/2025 (20 minute delay) ? |
| GRL (ASX) Chart |
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