Do not ask any such questions! You road to riches is here! Why cant u see that (sarc?
Have a look at the current rate of cash burn and the last quarterly. They will likely need a big CR to embark on big drills should they not get the grades. If so prepare for some big dilution.
The corollary of this of course is that if they are cash flow positive and can turn it around this will be the producer success story of the decade.
I give the latter about a 5% chance.
Do not ask any such questions! You road to riches is here! Why...
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Last
16.0¢ |
Change
-0.013(7.25%) |
Mkt cap ! $32.71M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.5¢ | 16.0¢ | $57.99K | 344.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 219982 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 50000 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| KAU (ASX) Chart |