I think it was done simply because they are running out of cash and the WES $ may be delayed.
May also miss cost guidance - I dont know - but its def a cash crunch.
Which is a shame given the great work and deal they did to get WES deal.
Also i assume done to keep everything going. An option might have been to stop all expl etc and wait for Riverina $ to start but opted to keep things going.
Ann: A$30m Placement to Advance Sand King Underground, page-15
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Last
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Mkt cap ! $574.8M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.5¢ | $300.5K | 971.2K |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 279162 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 343211 | 5 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
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| Open | High | Low | Volume | ||
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| Last updated 14.52pm 10/05/2024 ? | |||||
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