Morning Armitage shanks
Have a look at the below images. The first is from a July presentation and then from AR on the 30 of September. The latest update now says next QTY, with Scottm suggesting it won’t be until June.
So the funds are not OK. The OC looks to me to be stalled until they can secure more cash. By that I mean cash in the bank. Based on last QTY they did not get near their production numbers with the quarry/re-treatment burning $175’000.00 per week.
The missed production numbers and time lines does not provide a lot of confidence that the company and get the OC up and running and be profitable.
Morning Armitage shanks Have a look at the below images. The...
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Last
3.4¢ |
Change
-0.001(2.86%) |
Mkt cap ! $91.02M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.6¢ | 3.2¢ | $66.52K | 1.995M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 248770 | 1 |
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| Last trade - 16.10pm 23/06/2025 (20 minute delay) ? |
| EQR (ASX) Chart |