I'll kick the can with you.
I believe stated reasons are for commissioning of 30 tpd plant and to hire / purchase a nearby phosphate treatment plant if / when the phosphate assests ever get into production. Yes I believe the Andean shareholders shares are in escrow while these 100000000 (thats a lot of zeros) are indeed "ready to go".
And for the newly issued shares to make a profit they would have to be worth more than today, which is management's stated goal is it not? Share price appreciation?
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5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $72.80M |
Open | High | Low | Value | Volume |
5.1¢ | 6.0¢ | 5.1¢ | $119.5K | 2.183M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 149999 | 5.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 110894 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 149999 | 0.051 |
3 | 288192 | 0.050 |
1 | 40000 | 0.048 |
1 | 57000 | 0.046 |
2 | 182000 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 110894 | 2 |
0.054 | 55031 | 1 |
0.055 | 710355 | 4 |
0.057 | 160230 | 3 |
0.058 | 220000 | 1 |
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