Just had a quick glance over and noted the following:
- Net assets deteriorated from negative $737k to negative $2.5m, largely owing to a drop in cash, along with 31 Dec 2019 being an outlier due to a $1.7m GST receivable.
- The good thing is that there isn't a significant operating activity cash flow deficiency (as was evident in the prior 6 month comparative period), however a cap raise may be warranted, given the cash balance is at $185k, which represents roughly 9 months of operating activity cash flow requirements (not considering investing activities, which amounted to $246k for the 6 months).
- Further, a large portion of the deferred consideration for the Guadalupito Project ($1.5m) is now owing in the next 12 months, which contributes to further pressure for a cap raise. However, it is noted that some of this can be paid in shares, in conjunction with cash (however obviously this will be a slight dilution, not too material).
- Strong price discount for Integra's shares, per page 8 (likely $0.005 per share) - not sure if this was mentioned previously. Up to 40,926,533, which at the current share price, if exercised today, would mean our market cap would increase to $18.9m (not material).
Business as usual really - nothing too alarming or amazing.
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14.0¢ |
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Mkt cap ! $391.9M |
Open | High | Low | Value | Volume |
14.5¢ | 14.5¢ | 13.5¢ | $1.358M | 9.893M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
14 | 1825352 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 798256 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
14 | 1825352 | 0.135 |
32 | 3229745 | 0.130 |
16 | 553548 | 0.125 |
12 | 1159182 | 0.120 |
3 | 456350 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 798256 | 10 |
0.145 | 293078 | 5 |
0.150 | 1019589 | 14 |
0.155 | 985333 | 9 |
0.160 | 1435836 | 14 |
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