Agree, closing out the loan seems to be the final hurdle.
Just one point regarding Black Swan, do you think the timeline is cash constrained?
Think about it, they need to finance resource extension drilling, mine studies and the mill restart but currently have no cash. We are cashflow positive as of this quarter, but it will take a while to accrue the necessary funds. For example, in a recent youtube interview Ashok said the mill upgrade will cost circa ~$40 M, but they won't have that much surplus cash until Q1 2026. Hence, the refurbishment study deadline is end of Q4 2025.
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Agree, closing out the loan seems to be the final hurdle. Just...
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Last
4.8¢ |
Change
-0.002(4.00%) |
Mkt cap ! $138.6M |
Open | High | Low | Value | Volume |
4.9¢ | 5.0¢ | 4.8¢ | $219.4K | 4.500M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 3201037 | 4.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.9¢ | 296300 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 3006205 | 0.048 |
8 | 402740 | 0.047 |
12 | 994201 | 0.046 |
20 | 1625943 | 0.045 |
6 | 2531643 | 0.044 |
Price($) | Vol. | No. |
---|---|---|
0.049 | 296300 | 3 |
0.050 | 1756156 | 10 |
0.051 | 676470 | 2 |
0.052 | 541242 | 10 |
0.053 | 1072297 | 6 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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