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)
Giovanni, Capex is THE biggest issue that this company faces in...
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Last
2.3¢ |
Change
0.002(9.52%) |
Mkt cap ! $19.02M | |||
| Open | High | Low | Value | Volume |
| 2.3¢ | 2.3¢ | 2.3¢ | $2.642K | 114.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 320000 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1230534 | 3 |
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| Last trade - 10.08am 10/05/2024 (20 minute delay) ? |
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Last
2.3¢ |
Change
0.002 ( 9.52 %) |
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| Open | High | Low | Volume | ||
| 2.3¢ | 2.3¢ | 2.3¢ | 131000 | ||
| Last updated 14.23pm 10/05/2024 ? | |||||
| SHP (ASX) Chart |