Our cash position is poor.WD is a liability that costs us money. We have Con notes costing interest and require payment. All very good reasons for a substantial decrease in share price. Fortunately, we have started to make progress with WD sale. We are cashing in non-core assets and stock/copper concentrate. Come the end of the year, we should have a reasonable cash position and a clean balance sheet. With Jv partner drilling in the background, I think we start to see positive movement. i dont see us going any lower than the current position; I'm averaging in as we speak.
Our cash position is poor.WD is a liability that costs us money....
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Last
0.9¢ |
Change
-0.001(10.0%) |
Mkt cap ! $10.41M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $6.817K | 715.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 771103 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 233773 | 1 |
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| Last trade - 12.07pm 05/07/2024 (20 minute delay) ? |
| GBZ (ASX) Chart |