There is no point in getting into this share until a capital raising is done. It will require $70-100 million to restart the CC mine, and it will take about 1-2 years to restart, and before this, it burns cash gradually. Next year, probably there will be rain pouring down during the wet season again, if you have been to this part of Queensland. For now, it is a cash trap for reparing and fixing.
There is no point in getting into this share until a capital...
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add 29M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
43.0¢ |
Change
-0.020(4.44%) |
Mkt cap ! $301.8M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 45.5¢ | 42.5¢ | $1.157M | 2.653M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28127 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 4000 | 1 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| 29M (ASX) Chart |