He doesnt need to raise now, he needs to raise when development needs to be paid and that can't be paid until permits are done
once permits are done you then have clear line of sight on financing and should massively rerate as your project derisks
I think market including myself didn't appreciate permitting ongoing albeit expected very shortly according to the call
once permitting confirmed i think the sp will be firing on all cylinders and we will be wishing we bought in the low 60s
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Last
59.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $245.3M |
Open | High | Low | Value | Volume |
59.5¢ | 60.0¢ | 58.5¢ | $1.587M | 2.684M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 295454 | 59.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
60.0¢ | 149805 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 85454 | 0.590 |
5 | 191092 | 0.585 |
16 | 277892 | 0.580 |
3 | 32695 | 0.575 |
6 | 26600 | 0.570 |
Price($) | Vol. | No. |
---|---|---|
0.600 | 113905 | 3 |
0.605 | 70000 | 2 |
0.610 | 25000 | 1 |
0.615 | 228496 | 4 |
0.620 | 80000 | 1 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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LRV (ASX) Chart |