I am concerned that there must be an increasing chance that a CR is coming. A recent visit to London?
Cash at the end of June was $2.654m, but that was 111 days ago. The company's estimated cash for the Sept quarter was $995k which if accurate would leave only $1.659m.
Not a lot of money for completing DFS which is now due mid 2018, a drilling program for Tasiast when they finally obtain the permit and general working capital.
I'm not so sure about forward sales agreements at this stage, but I'm sure discussions would be ongoing.
Time will tell, tick tock.
I am concerned that there must be an increasing chance that a CR...
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Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $103.2M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 14.0¢ | 13.5¢ | $58.78K | 435.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31656 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 161934 | 4 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| AEE (ASX) Chart |