Almost guaranteed a CR this year. It's just a question of at what SP? Cash burn at the going rate will leave coffers close to empty by the end of FYQ3. This coming FYQ2 quarterly will leave estimated 4-5M in my opinion. If they manage to milk it through Q3, then a raise in FY22Q4 might be good. Otherwise there is a raise in the next 3 months. Just depends how rapidly investors will react to News...
fletchers and middle east project to get a rerate before CR is ideal...
It is an $8M facility and they have stated that 2.3M went into in last CY. So need another 5.7M to finish it by FY23Q1...
Ann: Lease secured for titanium powder plant, page-7
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Last
36.5¢ |
Change
-0.010(2.67%) |
Mkt cap ! $224.4M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.5¢ | 36.5¢ | $133.7K | 361.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 633093 | 36.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 30000 | 1 |
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| Last trade - 15.57pm 19/11/2024 (20 minute delay) ? |
| 3DA (ASX) Chart |