So they have gone for the whole $10m to get to reserve status and BFS for Juno. Perhaps they could have raised half of it later at a higher placement price, after drilling delineated more high grade at Rising Sun and Nobles Nob.
But at least now we are funded to get this show on the road, which has got to be a plus, despite a probable pullback in the sp in the near term. And it may be the better path, if contractors are used for the mining, there may be no need for a JV down the road. Dilution had to happen one way or the other, this way we get to keep the project 100% and realize the full fruits of a remarkable gold asset at Tennant Creek.
- Forums
- ASX - By Stock
- DSE
- Ann: Placement to Raise $10 Million
Ann: Placement to Raise $10 Million , page-13
-
- There are more pages in this discussion • 97 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DSE (ASX) to my watchlist
|
|||||
Last
$3.43 |
Change
0.095(2.85%) |
Mkt cap ! $240.9M |
Open | High | Low | Value | Volume |
$3.33 | $3.48 | $3.33 | $345.7K | 100.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6608 | $3.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.46 | 3000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6608 | 3.430 |
2 | 18000 | 3.410 |
1 | 1354 | 3.270 |
1 | 308 | 3.250 |
3 | 2622 | 3.200 |
Price($) | Vol. | No. |
---|---|---|
3.470 | 500 | 1 |
3.500 | 20000 | 1 |
3.520 | 211 | 1 |
3.530 | 1000 | 2 |
3.540 | 1000 | 2 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
DSE (ASX) Chart |