The price of the cap raise is a bit hard to stomach but that’s reality of where gold stocks have been, incredibly despite the strength in gold price. But $7m is a great raise in terms of amount, this will give a lot of flexibility and $$ to put into exploration over next 6-12 months and hopefully can be done simultaneously at Feysville and Mandilla so we can get an updated scoping study or PFS out as soon as possible. 1.5m oz at Mandilla, open pit would be very profitable. An extra 500k oz or more would be ideal from Feysville as it would be higher grade. And then we need to be looking at $100+ oz takeover premium. Feel there will be lots of tailwinds for gold stocks in next few months, hopefully management can deliver the good for shareholders and get this stock back well above 10c
- Forums
- ASX - By Stock
- AAR
- Ann: $7M Placement to Advance Mandilla & Feysville Gold Projects
Ann: $7M Placement to Advance Mandilla & Feysville Gold Projects, page-12
-
- There are more pages in this discussion • 44 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
Add AAR (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.8¢ |
Change
-0.002(2.50%) |
Mkt cap ! $72.78M |
Open | High | Low | Value | Volume |
8.0¢ | 8.0¢ | 7.5¢ | $120.1K | 1.572M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12900 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 62000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12900 | 0.077 |
1 | 150000 | 0.073 |
1 | 35000 | 0.072 |
3 | 190400 | 0.070 |
1 | 140187 | 0.069 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 62000 | 2 |
0.080 | 400000 | 1 |
0.082 | 41000 | 1 |
0.083 | 14613 | 1 |
0.087 | 16861 | 1 |
Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
|
|||||
Last
7.9¢ |
  |
Change
-0.002 ( 1.25 %) |
|||
Open | High | Low | Volume | ||
7.8¢ | 7.9¢ | 7.6¢ | 124979 | ||
Last updated 15.52pm 14/05/2024 ? |
Featured News
AAR (ASX) Chart |