I think long suffering shareholders need some MOU that buys equity into the company valuing it at at least 60mill as wouldn’t make sense otherwise.
How much has the company spent on the project over the years and allow for corporate costs as well?
Surely some reimbursement of past costs when remaining mou signed and remaining when they start FEED in June 24.
Strategy wise this prevents equity issue for at least two years and dropping to 30% project. Why raise ?
I think long suffering shareholders need some MOU that buys...
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.25M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.0¢ | $15.17K | 691.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 100000 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 187025 | 4 |
View Market Depth
| Last trade - 15.59pm 03/05/2024 (20 minute delay) ? |
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Last
2.2¢ |
Change
0.000 ( 15.8 %) |
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| Open | High | Low | Volume | ||
| 2.2¢ | 2.2¢ | 2.2¢ | 65954 | ||
| Last updated 12.12pm 03/05/2024 ? | |||||
| HXG (ASX) Chart |