CuFe has been in a different position to many junior players in that since its JWD iron ore mine commenced
in 2021 it has been providing cash flow to fund our exploration and administration costs without the need to
raise further equity. While that remains the case we are keen to fast-track our exploration activities now we
have such a prospective portfolio, rather than being able to perform them as and when the iron ore price
allows, so this raise gives us that flexibility.
The Placement Shares and Placement Options will be issued without shareholder approval relying on the
Company’s capacity under Listing Rule 7.1 and 7.1A. The JLM Options will be issued subject to receipt of
shareholder approval, which will be sought as soon as practicable. The Company will seek to have the
Options (being the Placement Options and JLM Options) quoted.
This gets two huge ticks for mine!!! But, it would have been three if shareholders were also given an offer too. FREE OPTIONS will be GOLD for those sophies, but, at least we will be able to get them early.
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.69M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 4772854 | 0.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 1015248 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 4772854 | 0.007 |
10 | 2327000 | 0.006 |
7 | 3550000 | 0.005 |
2 | 1880000 | 0.004 |
2 | 2500000 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 1015248 | 5 |
0.010 | 2606667 | 2 |
0.011 | 2519489 | 2 |
0.012 | 1327638 | 3 |
0.013 | 2025476 | 2 |
Last trade - 16.12pm 10/10/2024 (20 minute delay) ? |
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