SW has mentioned most recently on the 17th June that they will have sufficient funding till the end of this year. End of the March Qtr there was $48 million in cash, I've probably under estimated the spend tbh. I do understand that they hold investments in other miners but those are strategic purchases as mentioned by SW.
My point is that when you are burning through basically your current market cap in cash equivalent I would expect a lot more then what is currently being announced. Its a mammoth spend for a company with a sub $100 mill market cap.
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5.0¢ |
Change
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Mkt cap ! $26.26M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 5.0¢ | $2.5K | 50K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 55000 | 4.8¢ |
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Price($) | Vol. | No. |
---|---|---|
5.2¢ | 56685 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 55000 | 0.048 |
1 | 13500 | 0.044 |
1 | 100000 | 0.043 |
1 | 73000 | 0.041 |
2 | 31075 | 0.040 |
Price($) | Vol. | No. |
---|---|---|
0.052 | 56685 | 1 |
0.053 | 60000 | 2 |
0.054 | 618173 | 2 |
0.055 | 255000 | 2 |
0.056 | 47424 | 2 |
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