However, when will these types of CRs end? How low a price can they go? We don't more of the same.
The SP was once 7 cents, but a sophs raise soon knocked the SP down to 3c, then another one to 1.2c, then a rights issue at 0.7c, and now another sophs raise at 0.46c. It's like Chubby Checker's song, The Limbo Rock - "How low can you go?"
Peter has put his hand up for $25k. That's a nice change!
That is curious phrasing. How can the company be finalising an ore haulage contract and still progressing a toll treatment agreement? - unless the haulage contract is to be made conditional on the toll agreement being entered into.
Anyway, it looks very positive so far as an income stream is concerned. Maybe the gold processor will help fund work beyond what is listed in the announcement.
SPQ Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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