It wasn't unprompted Inverted. If you go back and watch the presentation again, you would see that it was prompted by a question from one of the analysts who specifically mentioned the challenges faced by MIN's neighbours. CE also referenced STX indrectly when he was pushed for a timeline to publish their reserve numbers and he replied by saying something along the lines of not wanting give any premature number until they have done their full appraisal because it is prudent. He is right in many ways. However, I also understand the need for small/mid caps to promote more because it is much harder for them to attract capital.
Unsure what they are planning to use the Azure fund for. The mere fact that they are looking to sell off 49% of their haul road to ease the pressure on its balance sheet may suggest the Azure sale is simply another step towards reducing debt to shore up its balance sheet. But this is CE we are talking about, and he is like a shark who can smell blood from a mile away.
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It wasn't unprompted Inverted. If you go back and watch the...
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Last
22.0¢ |
Change
-0.010(4.35%) |
Mkt cap ! $629.6M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 23.3¢ | 22.0¢ | $1.238M | 5.531M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 327178 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 318446 | 8 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
22.0¢ |
Change
-0.010 ( 3.80 %) |
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| Open | High | Low | Volume | ||
| 22.5¢ | 23.3¢ | 22.0¢ | 3834406 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
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