I wouldn't expect a CR to raise the funds to build the first underground gold mine. At these gold prices, I would expect a gold streaming loan at market interest rates, whether funding comes from a fund or BR and other wealthy investors in WA, I don't know.
That is what shareholders would prefer. To keep the funding all in-house, if it is possible.
Since the gold starts from surface, they could begin to repay the Gold Steaming loan almost immediately.
With the gold price above $A2,000/Oz, currently at $A2,400+/Oz, Siren Gold is sitting in a very enviable position.
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Gold Price Breakout $US1,865/Oz heading to $US1,900/Oz, page-32
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7.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.53M |
Open | High | Low | Value | Volume |
7.4¢ | 7.5¢ | 7.3¢ | $20.79K | 280.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 7.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 50264 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 0.074 |
2 | 75070 | 0.073 |
1 | 41459 | 0.072 |
1 | 47905 | 0.071 |
3 | 132261 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 50264 | 2 |
0.084 | 61785 | 2 |
0.085 | 91268 | 1 |
0.100 | 7272 | 1 |
0.110 | 75349 | 1 |
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