RAG 5.88% 1.8¢ ragnar metals limited

Alright, that explains why I couldn't find any costs associated...

  1. 88 Posts.
    lightbulb Created with Sketch. 26
    Alright, that explains why I couldn't find any costs associated to these transactions.

    It does make me wonder though then why the need for a large capital raise when they will be receiving $9.80mil at the end of September. Noted that they need to cover some divestment costs for Ragnar Metals Sweden which I presume need to be paid prior to them receiving money from BHP, but I would have thought they could of held off on raising more than required until after they returned some drill results and there is some price appreciation.

    Both REE and Lithium are hot sectors just now & although there is never a guarantee with exploration, it appears that both the REE projects and the Lithium projects do have minor historical exploration or rock chip sampling results that sound promising.
 
watchlist Created with Sketch. Add RAG (ASX) to my watchlist
(20min delay)
Last
1.8¢
Change
0.001(5.88%)
Mkt cap ! $8.532M
Open High Low Value Volume
1.7¢ 1.8¢ 1.7¢ $1.176K 67.11K

Buyers (Bids)

No. Vol. Price($)
1 59980 1.8¢
 

Sellers (Offers)

Price($) Vol. No.
2.0¢ 517439 2
View Market Depth
Last trade - 12.11pm 06/05/2024 (20 minute delay) ?
Last
1.8¢
  Change
0.001 ( 0.00 %)
Open High Low Volume
1.8¢ 1.8¢ 1.8¢ 42914
Last updated 12.11pm 06/05/2024 ?
RAG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.