Is it possible for the share price to get even close to 20c??....the NPV of Ancuabe was $300m and there are currently a billion shares. They want to spend up to $50m capex for a pilot plant and up to $100m capex to get to 60,000 tonnes. If everything after this cap raise is debt, there is no dilution but it will take 5-10 years to repay debt. If all equity the dilution will be so massive the most we will see is probably 0.10c per share. I dont know if my logic works but it seems to be simple maths
Is it possible for the share price to get even close to...
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Last
1.5¢ |
Change
0.003(20.0%) |
Mkt cap ! $23.42M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.5¢ | 1.3¢ | $41.20K | 2.932M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 108000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 532722 | 1 |
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| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
1.5¢ |
Change
0.003 ( 15.4 %) |
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| Open | High | Low | Volume | ||
| 1.3¢ | 1.5¢ | 1.3¢ | 319115 | ||
| Last updated 11.30am 13/05/2024 ? | |||||
| TON (ASX) Chart |