It does seem that someone is trying to drive the price down despite further good results with 8 drill cores still to be assayed. With their recent placements they should have enough Capital to do enough drilling to establish a DFS for the project.
They would also have untapped resources in the remainder of their unexplored holdings in a substantial historic Gold producing region that should be reflected as an upside in their share priced based on results currently being produced.
Ann: $8M Fully Underwritten Institutional Placement, page-33
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Last
$1.36 |
Change
0.010(0.74%) |
Mkt cap ! $1.733B | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.37 | $1.33 | $9.286M | 6.867M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 69011 | 6 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| BGL (ASX) Chart |