They just did a CR about 2 months ago. More than enough cash to get through another quarter, considering work is happening in Brazil with a JV partner to share the costs. I agree with other posters that this is just strengthening and consolidating Botswana to offload the project for a fair sale.
SI6 should be focusing on Brazil and then Monument gold when we have built up enough interest and cash to drill out Monument sufficiently. It is a lot cheaper to auger and Aircore drill in Brazil (in a JV situation) than to RC and diamond drill in Western Australia (inflation central) which is what the Monument Gold project needs to add to the ounces and make it more viable and attractive.
Ann: Si6 Expands Botswana Copper-Silver Portfolio, page-6
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Last
0.3¢ |
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Mkt cap ! $7.107M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $5.765K | 2.204M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 45 | 68953044 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 16676272 | 25 |
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| Last trade - 12.03pm 24/06/2024 (20 minute delay) ? |
| SI6 (ASX) Chart |