The situation is getting critical for ASO.
Only 5.8m A$ in the bank. At this burn rate that will be gone in July/August, way before completion if the scoping study.
And market cap meanwhile down to 23m A$, falling.
Unless they come up with some new investor or manage to find a buyer for the gold this will be a capital raise with a
very severe dilution. And where they will find the tens of millions of dollars for a pfs and dfs remains open to speculation.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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12 | 3963374 | 0.008 |
7 | 2481713 | 0.007 |
3 | 410000 | 0.006 |
3 | 950000 | 0.005 |
Price($) | Vol. | No. |
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0.011 | 406572 | 3 |
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