$16m cash at end of September. Undoubtedly more cash is required but not before a sale agreement or FID and long lead purchase.
potentially the company does some infill drilling to upgrade the proven resource but that would just be for advertising purposes to partners and the market. there is enough certainty and quantity that the project stacks up even without needing to drill anymore.
General Discussions, page-4367
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Last
8.1¢ |
Change
-0.001(1.22%) |
Mkt cap ! $205.8M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.8¢ | 8.0¢ | $1.340M | 16.20M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 110320 | 8.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.3¢ | 100000 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| RNU (ASX) Chart |