I found it interesting that they said they have enough cash for the next 18 months. The last quarter they spent $11.776 Million. Now let’s stretch that to $15m a quarter. So, we have 6 quarter in 18 months, at that rate they will have spent $90m in 18 months and have around $48m left. Clearly, they like to top long before the coffers are empty. Most juniors would be happy to have $15m in the bank. As I said yesterday, I want exploration success away from the environmentally sensitive southwest. Progress seems slow when your 60+ years old. Happy to have that $100m in the bank.
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Last
$1.78 |
Change
0.005(0.28%) |
Mkt cap ! $682.8M | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.78 | $1.74 | $1.920M | 1.109M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 9589 | $1.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 5105 | 6 |
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| Last trade - 12.35pm 19/09/2025 (20 minute delay) ? |
| CHN (ASX) Chart |