I've got a theory here. The JV partner is doing the exploration but we are footing the bill. Pat Volpe wouldn't be happy to see us do a raise at 0.004 so perhaps he's had words with SI6.
The exploration bill for the next few weeks could be delayed, so SI6 don't run out of $$. At the same time it might give them enough time to bring out a positive announcement along the lines of the geology discovered. Could be similar to MEI well that's the hope anyway. This should at least attract a few buyers and maybe have us trading a few pips higher.
I'd like to think the above plan is what they are doing, must be well below 500k left now, hold out for the CR a bit longer SI6.
- Forums
- ASX - By Stock
- Ann: Maiden Exploration Program to Commence in Brazil
I've got a theory here. The JV partner is doing the exploration...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SI6 (ASX) to my watchlist
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.737M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $101 | 50.46K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
42 | 46967801 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 14018064 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
42 | 46967801 | 0.002 |
23 | 88249204 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 14018064 | 17 |
0.004 | 26796138 | 22 |
0.005 | 10029471 | 13 |
0.006 | 8465386 | 8 |
0.007 | 4742815 | 13 |
Last trade - 13.01pm 24/07/2024 (20 minute delay) ? |
Featured News
SI6 (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
Previous Video
Next Video
SPONSORED BY The Market Online