Just to reiterate:
We are currently an explorer with around 1moz and a fully operational plant. Current value $83m. RMS paid around twice this amount for a company that had [email protected] and no plant.
BRB has 1.7moz and enough cash to build half a plant once they upgrade their resource to reserves and spend much more time and money on a bfs and fid. Cash on hand makes them a comfortable hold also, but they will still need to take on some debt and issue more shares to ever reach production.
GCY can make money from toll treating to limit cash burn and reduce the size of any raise. Maybe just offer 1:3 to shareholders to cover any short term cash requirements. That'll still raise at least $20m @.16
There is no need to panic here, just work through short term issues then re-assess
Just my opinion
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Open | High | Low | Value | Volume |
90.0¢ | $1.00 | 90.0¢ | $6.153M | 6.372M |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
---|---|---|
99.0¢ | 16444 | 2 |
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2 | 6500 | 0.965 |
2 | 5000 | 0.960 |
1 | 1500 | 0.950 |
3 | 32124 | 0.940 |
Price($) | Vol. | No. |
---|---|---|
1.000 | 37977 | 7 |
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