They did a cap raise in Feb to raise $10m to continue exploration. We do know they also wanted a buffer to protect them if positive cashflow couldn't be achieved as planned.
i expect the MRE to at least double if not triple next quarter, this is without the deeps. I make this assumption based on the metres of drilling done from underground platforms compared to the metres of drilling done from surface to achieve our current MRE.
- Forums
- ASX - By Stock
- Ann: 17% Increase in May Production
They did a cap raise in Feb to raise $10m to continue...
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
Add HGO (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.4¢ |
Change
0.001(1.59%) |
Mkt cap ! $134.1M |
Open | High | Low | Value | Volume |
6.4¢ | 6.4¢ | 6.1¢ | $114.1K | 1.820M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 199989 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 425332 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 199989 | 0.062 |
3 | 580136 | 0.061 |
6 | 227106 | 0.060 |
3 | 315000 | 0.059 |
3 | 362000 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 425332 | 2 |
0.065 | 598913 | 3 |
0.066 | 30000 | 1 |
0.067 | 14940 | 1 |
0.068 | 732700 | 5 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
HGO (ASX) Chart |