I note that the amount of drilling required to have been completed to announce an "exploration target" (which must be expressed as a range) is significantly less than that required to define a "resource".
BWN needs to announce "exploration targets" for its more advanced projects to underpin and identify value for shareholders, to put it in a better position to raise capital.
This would be in the best interests of shareholders, and is sommon practice for juniors.
white knights option trading and resource nos, page-3
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Last
66.0¢ |
Change
-0.025(3.65%) |
Mkt cap ! $188.5M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 66.0¢ | $9.287K | 14.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 42165 | 66.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.5¢ | 2949 | 1 |
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| Last trade - 10.10am 22/08/2024 (20 minute delay) ? |
| BWN (ASX) Chart |