$1.37m at march qtr with 6,355m of AC drilled they would have to...

  1. 123 Posts.
    lightbulb Created with Sketch. 23
    $1.37m at march qtr with 6,355m of AC drilled they would have to have spent around $500k on the AC plus the IP and sustained running costs. It seems a cap raise is coming. Question is do they have decent results in the AC to drive a cap raise (minimize dilution) or will the results be average and they will need an open market raise anyway? I suspect the additional meters to cover extensions of known intercepts might have something to do with the cash position and the need for some flashy results. Seems pretty likely they will get the results plenty of intercept potential!
 
Add to My Watchlist
What is My Watchlist?
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)
Last
2.2¢
Change
0.000(0.00%)
Mkt cap ! $3.490M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 5934 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 116080 2
View Market Depth
Last trade - 09.35am 29/07/2025 (20 minute delay) ?
TG1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.