You would have to wonder why Lachlan didn't keep the fault under wraps and give the first cash flow announcement a big red price sensitive alert badge. What was he thinking?
He probably doesn't even seed the core samples with a bit of melted gold.
Why didn't he go to market when the price was 9c in December to get money to drill the deeps? I guess with all the cash coming that would have been howled down
There is never a good time for dilution, those who only see the dilution will always say its too cheap and the timing is wrong.
I like the way he fully informed the market and put a big positive spin on the placement for "Mine Expansion Drilling" which is what it will be used for down the track after providing a bit of support to working capital.
- Forums
- ASX - By Stock
- HGO
- Ann: $10 Million Placement To Fund Mine Extension Drilling
Ann: $10 Million Placement To Fund Mine Extension Drilling, page-25
-
- There are more pages in this discussion • 56 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add HGO (ASX) to my watchlist
|
|||||
Last
7.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $148.7M |
Open | High | Low | Value | Volume |
7.1¢ | 7.2¢ | 7.0¢ | $142.2K | 2.000M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 1545892 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 572674 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 1545892 | 0.070 |
3 | 137548 | 0.069 |
4 | 365000 | 0.068 |
6 | 482850 | 0.067 |
5 | 607736 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 572674 | 1 |
0.072 | 424306 | 1 |
0.073 | 53500 | 2 |
0.074 | 75527 | 3 |
0.075 | 714037 | 5 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
Featured News
HGO (ASX) Chart |