We would have lost the lot if the Freepoint debt funding hadn't fallen through when the copper price dropped in 2023.
Hi Keith,
Don't forget you got a 1.5c fully franked dividend 18 months after the 2016 3c CR. I think the last two capital raisings were all about giviving the directors comfort in relation to insolvent trading in the lead up to signing off the annual accounts. Accelerating drilling and development was a bonus.when the copper price rose and all was well.
HGO Price at posting:
3.7¢ Sentiment: None Disclosure: Held
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