TGO it is a problem in nearly all juniors. The SP excitement is in the find. That is when a board should raise a significant amount of money knowing the follow up drilling, finance and construction takes time and money and largely is paid for by CR's.
The board could have raise $50mil at 10c and have paid for working capital and construction while diluting SH's significantly less than has occurred.
Debt finance is generally a good intention but bad idea plan.
- Forums
- ASX - By Stock
- VRC
- Ann: Excellent Bunyu Testwork Results
Ann: Excellent Bunyu Testwork Results, page-65
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VRC (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
-0.001(20.0%) |
Mkt cap ! $16.63M |
Open | High | Low | Value | Volume |
0.4¢ | 0.5¢ | 0.4¢ | $4.207K | 918.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 3295214 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 14681415 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 3295214 | 0.004 |
35 | 30767995 | 0.003 |
18 | 23351715 | 0.002 |
11 | 21067001 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 14681415 | 15 |
0.006 | 9465480 | 19 |
0.007 | 10852572 | 6 |
0.008 | 5470275 | 11 |
0.009 | 2745744 | 8 |
Last trade - 15.57pm 09/09/2024 (20 minute delay) ? |
Featured News
VRC (ASX) Chart |