Dont know about that, if you look at the quarterly they are going through cash as=t a steady rate, and for more drilling will need to raise.
And with near 900 Million shares on issue at present the dilution could be very substantial so its a buy around 0.005 to 0.007 or 0.008 at the very highest imo
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-9
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $8.744M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $10.72K | 1.072M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1549198 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 145910 | 2 |
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| Last trade - 15.58pm 29/07/2025 (20 minute delay) ? |
| RR1 (ASX) Chart |