Not sure but I don't think timing of future announcements is all that important because of two reasons;
1. With the license now secured, the government off-take is as close to just a formality as you get. With a government off-take, debt funding of most of the capex is very likely. With a very low capex and a project easily debt funded, I think dilution will be minimal.
2. With only just over a year to go into production, a NPV of around $A260 mill and a mc around $30-35mill, there is too much upside and too little time for this to wait for news for the sp to rise. I think we will see the sp continue to trend up between news with larger moves possible on the news.
Also with a simple low cost mining, open pit, free dig, simple blend, I doubt the FS will vary much from the scoping study.
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Last
6.1¢ |
Change
0.001(1.67%) |
Mkt cap ! $53.59M |
Open | High | Low | Value | Volume |
6.2¢ | 6.3¢ | 6.0¢ | $97.62K | 1.591M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 130000 | 6.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.3¢ | 70027 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 130000 | 0.060 |
2 | 82729 | 0.059 |
2 | 65000 | 0.058 |
1 | 10526 | 0.057 |
7 | 128940 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.063 | 70027 | 1 |
0.064 | 181029 | 1 |
0.065 | 616365 | 3 |
0.066 | 160000 | 2 |
0.067 | 20000 | 1 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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