I’m with you Oracle, we saw movements of 10-15% off the back of DOE grants to peers valued between 1-200M so would expect similar movements for a USD500M loan which also secures all project funding.
Below guidance notes received this week from a broker indicate management are very bullish on three key milestones this side of Christmas. With only two(ish) weeks to go it might be a Christmas miracle!
Target PriceA$0.70
RecommendationSpeculative Buy
RiskHigher
It appears INR will have a busy Christmas and New year with several US government milestones expected to be delivered.
In line with previous guidance, management expect by year end:
- Buckwheat to be listed under the Endangered Species Act
- Publishing the NOI to start the NEPA process (permitting)
- Securing a securing a DoE debt facility (term sheet)
I’m with you Oracle, we saw movements of 10-15% off the back of...
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Last
21.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $488.3M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.5¢ | 20.8¢ | $364.3K | 1.722M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 334875 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 104465 | 3 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
21.3¢ |
Change
0.000 ( 1.16 %) |
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| Open | High | Low | Volume | ||
| 21.0¢ | 21.5¢ | 21.0¢ | 582183 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| INR (ASX) Chart |