Yeah think they'll raise post consolidation, probably aim for 50/50 equity and debt deal for the project then make decision to mine.
That means they consolidate to around 320million shares. Add 6.5million raised at likely 8.5-9c, say 75million shares and then use debt for the other 6.5million. I've added 2million for working capital through that process.
I don't think its a bad plan and obviously new name is to not remind anyone of the history of the stock, which hasn't been great, but the new team seems to be doing okay. I watch eagerly.
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $92.50M |
Open | High | Low | Value | Volume |
12.0¢ | 13.0¢ | 11.0¢ | $27.53K | 231.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 129679 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.0¢ | 27688 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 129679 | 0.110 |
3 | 168000 | 0.100 |
1 | 2700 | 0.091 |
1 | 50000 | 0.080 |
1 | 6781 | 0.073 |
Price($) | Vol. | No. |
---|---|---|
0.130 | 27688 | 1 |
0.140 | 14705 | 2 |
0.150 | 59999 | 2 |
0.155 | 10000 | 1 |
0.160 | 20000 | 1 |
Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
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