bondijim wrote:
"the solution
sack jh and the board ,plus chairman
get new blood in
and get a lot of jv partners in
5,10,50,100 let them all start drilling with no more dilution to shareholders"
Involving JVs still dilutes the company.
I'm not saying it's wrong, I'm just saying the company still needs more money, and any way they do it is a form of dilution.
JVs will take a share of the profits.
Banks and other financing will require interest payments.
etc
No matter which way the company goes there is a cost to getting money from an external source.
The good news is that the ability to get financing has now increased dramatically.
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $39.22M |
Open | High | Low | Value | Volume |
5.1¢ | 5.3¢ | 5.1¢ | $28.55K | 559.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 160888 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 299892 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 160888 | 0.051 |
2 | 3001200 | 0.050 |
1 | 200000 | 0.049 |
4 | 258874 | 0.048 |
1 | 175000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 299892 | 1 |
0.054 | 96556 | 1 |
0.056 | 19995 | 1 |
0.057 | 132936 | 1 |
0.058 | 172431 | 1 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
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