Lots of drilling needed = lots of money needed
$25mill at 25c should get solid support if he lets existing shareholders get in via a rights issue.
Forget going to a placement, the sharks are already selling ahead of it, in anticipation of screwing him on a price setting.
I'd rather see loyal shareholders get them on the cheap, but it's probably too late - already arranged I suspect, given the presentation today
These juniors never seem to learn - you have to go early for a CR.
JMT
Lots of drilling needed = lots of money needed$25mill at 25c...
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.792M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 1.9¢ | 1.8¢ | $5.624K | 306.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1058822 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 314769 | 1 |
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| Last trade - 12.32pm 23/07/2025 (20 minute delay) ? |
| SVY (ASX) Chart |