When I say backing, I am talking funding. Otherwise its further dilution, and if they cant prove that Henty is profitable then I would want a big discount in a CR as these guys have not proved they can turn around a small mine.
Hence IMO it all depends on Henty to prove that these guys can move from Explorer to producer. One swallow does not make summer. We need multiple quarters of reducing AISC and increasing Production to sustainable steady state..
The sell it
When I say backing, I am talking funding. Otherwise its further...
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Last
$2.79 |
Change
-0.030(1.06%) |
Mkt cap ! $629.9M | |||
| Open | High | Low | Value | Volume |
| $2.79 | $2.84 | $2.69 | $2.048M | 739.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.79 | 390 | 1 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| CYL (ASX) Chart |