They can pay for coal aquisitions by royalties are share issues etc. Dosnt have to be cash
IMO that was a good anouncement, I hope they will start doing more updates keeping shareholders informed.
They have enough cash to last until 1st quarter next year if they don't start mining just yet.
Delay in mining i think is a good sign as they don't want to raise capital at such a low shareprice.
More coal aquisitions would be great, good to see they are looking at kalimantan as well.
Could we be the next kangaroo resources (KRL)?
They can pay for coal aquisitions by royalties are share issues...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ADD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.195M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $3.123K | 1.040M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 855922 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 19577308 | 13 |
View Market Depth
| Last trade - 13.41pm 07/08/2024 (20 minute delay) ? |
| ADD (ASX) Chart |