JNO 3.23% 3.2¢ juno minerals limited

I mostly agree with you, most of it is contracting. However,...

  1. 237 Posts.
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    I mostly agree with you, most of it is contracting.
    However, they still need to pay for the following:
    - Village expansion, around $3.6m
    - Access road, around $6.8m
    - Goldfields highway intersection, TBC
    - Railway crossing, TBC
    Have a read of prospectus and latest announcements.

    They won't be able to mine unless some more capital is raised. Given the IPO couldn't raise more than a few millions when IO was >$200, I question how much they can raise now.
 
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