"There were 5 further announcements punched out in quick succession over the following month leading up to the $19m capital raising at 30 cents in late March. The market (including myself) took a bit longer to get comfortable that NN was in fact a game changer with the wheels progressively falling off the mine during the remainder of 2022"
The results starting to look better at NN, but it was still early. Bigger problems were developing which had them nearly go broke (for the 2nd time) in it's short life. Mainly from poor decisions regarding grade and where the actual gold is/was.
So is it any wonder why SL is treading carefully and lining this up properly? Because your whole argument is about just getting on with it and mining it.
"There were 5 further announcements punched out in quick...
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Last
60.5¢ |
Change
-0.010(1.63%) |
Mkt cap ! $584.5M | |||
| Open | High | Low | Value | Volume |
| 60.5¢ | 61.5¢ | 59.3¢ | $2.755M | 4.559M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17326 | 60.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 15954 | 3 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
60.5¢ |
Change
-0.010 ( 2.36 %) |
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| Open | High | Low | Volume | ||
| 61.0¢ | 61.0¢ | 59.0¢ | 822301 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| SPR (ASX) Chart |