They also have approx $3.5 million they can access through the loan facility. I don't think they will need a CR just yet if at all. Im guessing IO price will pick up in March next year with the shipping costs also to drop back as China comes out of lockdown and the ports open back up. Its a waiting game. The timing could not have got worse for opening the mine. Yes i know they dragged their feet but IO price is what it is and now patience will pay off
Iron Ore & Tin price, page-848
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Last
1.2¢ |
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Mkt cap ! $32.04M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.3¢ | 1.2¢ | $13.76K | 1.064M |
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| No. | Vol. | Price($) |
|---|---|---|
| 14 | 6481237 | 1.2¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 1896277 | 6 |
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| CRI (ASX) Chart |