The Glencore deal was smoke and mirrors, like a lot of what this company does.
Galan forgot the first rule of junior mining, which is to always make sure you have a decent runway of cash in the bank. When the cash starts to run out, everything unravels, and that is what has happend here. This is a result of inexperience, not having a proper finance director, and having a board chaired by a lawyer, which is never a good thing.
The Glencore deal was smoke and mirrors, like a lot of what this...
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $65.56M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $156.7K | 1.428M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 96005 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 877101 | 12 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| GLN (ASX) Chart |