All fair concerns and a good balance to my glass half full.
Cash issue. Is the 500k an immediate lump sum payment? Dont think it mentioned when payment us due. Do we drill first and raise, then pay? Dunno.
Maurice is keeping the market informed every step of the way. As it should be. He could have waited an announced a 1620 cobalt aquisition in a couple months but decided to announce the agreement first.
Patience has seem too be non existent in the market these days. Let Maurice do his job, and over time we will know if all this is good or bad. Hes a very very expierienced broker/equities guy, he should know how to take care of the money....
Only time will tell. Hang in there.
IMO DYOR
Amazing volumes, page-17
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Last
0.6¢ |
Change
-0.001(7.69%) |
Mkt cap ! $6.660M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $1.14K | 190K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 3304522 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1792643 | 7 |
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| Last trade - 10.06am 16/07/2024 (20 minute delay) ? |
| QXR (ASX) Chart |