Been a while since I've checked this out but agree, this does not seem good. We're in a copper bull market that's not going away, surely they would have no issue securing pre-payment from offtakers to cover the bulk of capex required and then could get traditional debt/equity for the rest.
Why would they sell the golden goose? If I am misunderstanding this please correct me.
- Forums
- ASX - By Stock
- Ann: Bacchus engaged as Strategic & Project Funding Adviser
Been a while since I've checked this out but agree, this does...
Featured News
Add XAM (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.7¢ |
Change
0.001(1.52%) |
Mkt cap ! $114.9M |
Open | High | Low | Value | Volume |
6.6¢ | 6.7¢ | 6.5¢ | $90.58K | 1.371M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 382417 | 6.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.7¢ | 276546 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 345850 | 0.066 |
5 | 1038514 | 0.065 |
1 | 100000 | 0.064 |
2 | 238095 | 0.063 |
3 | 332570 | 0.061 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 276546 | 2 |
0.069 | 200000 | 2 |
0.070 | 977413 | 3 |
0.071 | 120000 | 2 |
0.072 | 240500 | 1 |
Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
|
|||||
Last
6.6¢ |
  |
Change
0.001 ( 1.54 %) |
|||
Open | High | Low | Volume | ||
6.5¢ | 6.6¢ | 6.5¢ | 347497 | ||
Last updated 14.40pm 28/05/2024 ? |
Featured News
XAM (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online