possible they won't raise cash until they feed the market more results along with the leaching results, but, the thing with that is if results don't match up it becomes an issue, that puts the company in a position where the directors are thinking raise now when the excitement is plentiful or roll the dice on hopefully excellent results, the CEO certainly feels results in Nov are going to be fantastic so who knows what the immediate funding plan will be, Jan is only a couple of months away which is when he wants to go full steam on a drillout, that's gonna need plenty of cash in the accounts asap to secure the drillers.
looking at the desperation to destroy all forward momentum yesterday would point towards a funding deal was in place before the result came through.
Soon find out aye, but one would think that a funding deal would have to be above the 3.4 previous raising, the company is in a far more exciting position now than then, especially with more results still due from Shute
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TAR
taruga minerals limited
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possible they won't raise cash until they feed the market more...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.423M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $2.282K | 253.5K |
Buyers (Bids)
No. | Vol. | Price($) |
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3 | 647449 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.9¢ | 575877 | 1 |
View Market Depth
No. | Vol. | Price($) |
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3 | 647449 | 0.008 |
13 | 1394499 | 0.007 |
6 | 1066480 | 0.006 |
2 | 600000 | 0.005 |
2 | 650000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 575877 | 1 |
0.010 | 426259 | 2 |
0.011 | 514869 | 1 |
0.013 | 100000 | 1 |
0.015 | 17000 | 1 |
Last trade - 15.22pm 30/07/2025 (20 minute delay) ? |
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