The read through for me is unfavourable/zero interest for offtake / financing. Need to lower capex to have any chance of moving this project forward. Remember they hired a mob to assist with funding? With a high capex, this project stays on ice and they're back to being an exploration company.
If we don't see any outcome of funding by q3/q4, Imo It's time to review some of the management remuneration or even lean up on personnel. $1mil per qtr won't be justified.
Another 2 to 3 months after ausenco finalises their part of the Dfs? Solid piss-taking and milking right here.
The read through for me is unfavourable/zero interest for...
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Last
45.0¢ |
Change
0.015(3.45%) |
Mkt cap ! $220.8M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 45.0¢ | 43.5¢ | $107.8K | 244.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 38777 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 45.0¢ | 8732 | 3 |
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| Last trade - 15.05pm 17/06/2024 (20 minute delay) ? |
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Last
44.5¢ |
Change
0.015 ( 3.06 %) |
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| Open | High | Low | Volume | ||
| 44.0¢ | 45.0¢ | 43.5¢ | 121608 | ||
| Last updated 15.00pm 17/06/2024 ? | |||||
| CTM (ASX) Chart |
