No credible info regarding costs has been released(to my knowledge).Until the full BFS is released and digested the market will rightly keep its distance.
In my opinion assuming a positive BFS AIM will turn to the London AIM market along with Europe for funding.
I make this assumption for the following reasons...
1 ,Why else would AIM have listed on the London market?. AIM(the market) is noted for being more sympathetic to all things African than its Australian counterpart.
2,The $ figures being touted would be relative "small change"to Europe especially if any Sovereign risk is minimized via a consortium.
re:huge capital raising?.
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Last
32.5¢ |
Change
0.020(6.56%) |
Mkt cap ! $67.86M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 33.5¢ | 30.5¢ | $113.4K | 352.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16395 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 25292 | 1 |
View Market Depth
| Last trade - 13.40pm 18/06/2024 (20 minute delay) ? |
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Last
32.5¢ |
Change
0.020 ( 10.2 %) |
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| Open | High | Low | Volume | ||
| 32.0¢ | 33.0¢ | 32.0¢ | 56003 | ||
| Last updated 13.40pm 18/06/2024 ? | |||||
| AIM (ASX) Chart |