Funds look light. Yes I know there are offtake discussions and MIIF etc. But the reason I have for light funds is the departure of Len Kolff. Mineral processing looks like it is 2.5 years away and funds will be tight until then. So, any business development activities will be restricted. Not exactly a good prospect for Mr Len.
Other concern is DRA doing a value engineering exercise on the DFS Feed. Why? Process has changed or capital blown out? A bit of smoke and mirrors imo.
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-5
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Last
17.5¢ |
Change
0.015(9.38%) |
Mkt cap ! $121.3M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 17.0¢ | $3.495K | 20.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 200181 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 25000 | 1 |
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| Last trade - 10.23am 28/07/2025 (20 minute delay) ? |
| A11 (ASX) Chart |