I try not to be a negative holder but its hard to keep the faith with these guys with statements like, Funds will primarily be used to commence mining and production at the Riley Iron Ore Mine as soon as practicable. How can you take this at face value when the decision to mine hasn't even been made. Why is the company so eager to dilute its shareholders value by issuing so many shares? Wont the revenue be coming in soon, even as early as July if you believe them cover expenses after the first shipment?
Ann: Equity Funding to Commence Production at Riley Iron Ore Mine, page-18
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Last
1.1¢ |
Change
-0.001(4.55%) |
Mkt cap ! $28.05M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $52.56K | 4.842M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 6564455 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 900000 | 1 |
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| Last trade - 14.18pm 15/11/2024 (20 minute delay) ? |
| CRI (ASX) Chart |