They live to fight another day.
Pacific Road are going to control this company by the looks of the term sheet agreement.
$25m capital raise in the pipeline one of these days. One of these days?
Cash flow positive for last 2 months if one can believe it. Huge room for improvement in gold recoveries still. Significant Board restructure forthcoming. Argy bargy with Glencore still to be resolved and Glencore not travelling so well themselves at the moment. Interesting times ahead.
The very good news is the company is not going into administration and the shareholders still have a chance to redeem some ground. Were there is hope there is life.
Cheers
Ann: Hera Project and Re-Financing Update, page-3
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Last
17.5¢ |
Change
0.010(6.06%) |
Mkt cap ! $296.0M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 18.0¢ | 16.5¢ | $387.2K | 2.219M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 610175 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 59168 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| AMI (ASX) Chart |