we're nowhere near a sell off of any asset....we could reasonably expect a JV as next logical step for Grandis following assumed positive 5mm-ish test flow rates and an update on contingent resource with perhaps a move to banking some reserves.
Some dilution at a Grandis asset level with a partner that funds DD3 (and maybe sweetens the deal throwing in some cash to enable us to avoid further CR's) to further reserves classification and to facilitate shoring up data to facilitate design of a potential 500 well works program is what potentially could happen as a precursory event before any asset sale or liquidity type events manifest.
In parallel- towards year end, as eluded to by NY in the Annual Report- perhaps a JV with a Mongolian/Chinese entity for Nomgon.
No sales yet- we need to maximise asset value as much as possible whilst we still have 100% asset ownership- whilst juggling the reality of having very little cash to do so.
- Forums
- ASX - By Stock
- EXR
- Ann: Daydream-2 Operations Update
Ann: Daydream-2 Operations Update, page-229
-
- There are more pages in this discussion • 30 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 EXR (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.0¢ |
Change
0.015(9.09%) |
Mkt cap ! $215.3M |
Open | High | Low | Value | Volume |
17.0¢ | 18.5¢ | 17.0¢ | $1.036M | 5.882M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 620123 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 357486 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
12 | 685123 | 0.175 |
8 | 572944 | 0.170 |
16 | 1380315 | 0.165 |
17 | 1843847 | 0.160 |
15 | 2045882 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 175212 | 3 |
0.185 | 251247 | 5 |
0.190 | 208222 | 4 |
0.195 | 435555 | 6 |
0.200 | 687156 | 21 |
Last trade - 15.55pm 28/08/2024 (20 minute delay) ? |
Featured News
EXR (ASX) Chart |
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online