Giovanni, Capex is THE biggest issue that this company faces in the race to production. If they solve this I would have greater comfort with the project. It's really my last big lingering question - but it is a vital question.
As long as I have been following them they have always said that capex would be at the lower end. However the announcement they put out about 18 months ago I think surprised investors with the capex requirement.
Chris Gilchrist was removed as CEO in May last year. This has since coincided with a period of inactivity/no real significant news for the company.
Personally, I think the management are going to be judged over the next 6 months with some of the timelines expected to be met.
I still think this is a great project....BUT ONLY if they have a plan to find the money to fund it (probably the same problem many businesses face)
Ann: Investor Presentation, page-6
Add SHP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.2¢ |
Change
-0.002(14.3%) |
Mkt cap ! $9.926M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.2¢ | $198.2K | 16.18M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 2762564 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 431355 | 2 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
|
|||||
|
Last
1.3¢ |
Change
-0.002 ( 10.7 %) |
||||
| Open | High | Low | Volume | ||
| 1.4¢ | 1.4¢ | 1.2¢ | 9908914 | ||
| Last updated 13.15pm 24/05/2024 ? | |||||
| SHP (ASX) Chart |