My take on it is, if they get good results in Brazil from either Lithium or Niobium, it will then probably go to a market cap of $100 million. OZM will then do a CR at the higher price. He can then finish the SS and has the cash to fast track production with minimum dilution for shareholders. Sounds a good strategy for shareholders.
If results are shit he then focus all attention on the SS and will probably have to do a CR at around these prices.
My take on it is, if they get good results in Brazil from either...
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Last
5.8¢ |
Change
0.007(13.7%) |
Mkt cap ! $9.208M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 6.2¢ | 5.2¢ | $26.96K | 482.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50000 | 5.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.1¢ | 50000 | 2 |
View Market Depth
| Last trade - 15.00pm 08/05/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
0.007 ( 9.26 %) |
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| Open | High | Low | Volume | ||
| 5.8¢ | 5.9¢ | 5.5¢ | 39151 | ||
| Last updated 15.17pm 08/05/2024 ? | |||||
| OZM (ASX) Chart |