That must be it eh? We need $500m to build the mine. On one hand, no one in their right mind would lend us $500m+ when the market cap is only $192m. On the other hand, doing a $500m equity raise at the current prices is just plain silly because we would be giving away $'billions in future income.
The only logical explanation must be waiting for share appreciation either to limit equity dilution or better debt financing conditions or both.
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Anna Gulubova's prediction on Copper, page-11
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Last
44.5¢ |
Change
0.005(1.14%) |
Mkt cap ! $344.6M |
Open | High | Low | Value | Volume |
44.0¢ | 44.5¢ | 44.0¢ | $1.360M | 3.068M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
49 | 10106067 | 44.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.5¢ | 3210655 | 15 |
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No. | Vol. | Price($) |
---|---|---|
50 | 10107517 | 0.440 |
43 | 7000227 | 0.435 |
20 | 1056075 | 0.430 |
11 | 441532 | 0.425 |
10 | 575838 | 0.420 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 3212105 | 15 |
0.450 | 1413133 | 45 |
0.455 | 970553 | 14 |
0.460 | 580462 | 14 |
0.465 | 986573 | 8 |
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