Viewing the interview below, I think people might be losing sight of the fact that NRZ could reach FID with circa 1.2B shares on issue if the desired option 'debt' is the finance avenue that's taken.
Raising at these levels isn't ideal, but it's created one last opportunity to scoop up some at a cheap price. A 'lay down misere' for the project capex, the Chairman is very confident. I've been concerned about the pre-FID funding, but I'm now thinking that this may come via less dilutionary means as well.
Good to see the Premier of SA in Korea with NRZ Directors and our partners, Daelim.. This project has an embarrassment of riches.
Ann: Trading Halt, page-10
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.543M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.4¢ | 0.3¢ | $3.668K | 1.137M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 34688881 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 34185751 | 17 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| NRZ (ASX) Chart |