re: Ann: Conductor Targets Identified at Kemp...
Jir, current cash position is around $1.7million ,more thsan enought ofund a decent drilling program.As for a raising I think the plan is obvious -get the SP up to a point where these new options (see announcements of October 23rd and 24th)into the money and have cash from option holders exercising their options.Furthermore check out page 34 of the annual report...in the last raising Hartley's took their remuneration for their services in the form of options exercisable at 25c on or before the 29th August 2016......It's pretty obvious that they don't make any money unless the share price gets to a price where those options become in the money.Plenty of smoke signals on this one.
ARD Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)