Company has stated that funding via debt is not part of the plan, it will be via equity or forward sales or more likely a combination of both. They are pressing ahead for a sept 09 start to construction so they need that funding sorted soon. They have been quiet lately getting the results of their (sounds productive) trip OS and if they are sticking to timetable will announce something like an offtake or three in the next few weeks. It'll be scripted to tie in with the equity raising - ie announcement - sp takes off, float on TSX before it has chance to settle. Something like that so really everyone is just biding time till offtake announcment. Plenty of chances to top up lately - next sp rise might simply be due to no sellers - who want's to be the one who sold a day before the announcment? Times running out - will all need to kick of v.soon to meet these deadlines they are setting themselves.
All the above speculation of course, but I'm quietly confident now the RP price found a Morrocan induced floor last month - again imo
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.44M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.2¢ | $19.95K | 1.662M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2450738 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 1000000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 2450738 | 0.011 |
5 | 4695002 | 0.010 |
7 | 4617722 | 0.009 |
6 | 1217999 | 0.008 |
3 | 3885000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 1000000 | 1 |
0.013 | 960000 | 3 |
0.014 | 3583982 | 10 |
0.015 | 2464172 | 9 |
0.016 | 10580225 | 13 |
Last trade - 15.43pm 13/09/2024 (20 minute delay) ? |
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