Secure another drill rig, hire more staff, accelerate corporate or operational processes...
Money buys time and I’m sure they could of accelerated some fundamentals with the $5m they may or may not use...
Logic would say use it immediately to get as much stock out of market as you can then raise at a better price..
Just gonna have to trust management on this one but not a massive fan as it stands lol
Ann: Announcement of buy-back - Appendix 3C, page-18
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Last
18.0¢ |
Change
0.030(20.0%) |
Mkt cap ! $43.84M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 19.0¢ | 16.5¢ | $90.81K | 517.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4036 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 48053 | 3 |
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| Last trade - 15.59pm 17/09/2024 (20 minute delay) ? |
| NVA (ASX) Chart |