Its a matter of scale and overheads.
Julimar is shaping as a major miner / commodity supplier so the overheads will inevitably rise.
Running a nickel / gold explorer in Vic / NW WA is a tough gig, the overheads need to be kept as low as possible.
It also creates the opportunity for capital appreciation is you have a focussed explorer rather than CH being a small part of a much larger organisation.
All JIMO.
Ann: Equity Capital Raising Presentation, page-15
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Last
$1.13 |
Change
0.055(5.14%) |
Mkt cap ! $437.6M | |||
| Open | High | Low | Value | Volume |
| $1.04 | $1.13 | $1.04 | $3.198M | 2.933M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 35600 | $1.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 18808 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| CHN (ASX) Chart |