It's just speculation on my part, but i think they are more likely to find either project funding or a JV partner.
The project funding may be able to be obtained on the strength of the scoping study from a big financier, on the basis that they have the right to fund the whole project post completion of the feasibility, that would be a better outcome than another cap raise.
Ann: Monthly Activities/Appendix 5B Cash Flow Report, page-4
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Last
10.8¢ |
Change
0.008(7.50%) |
Mkt cap ! $299.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 11.5¢ | 10.5¢ | $1.132M | 10.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 3899919 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 1036034 | 11 |
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| Last trade - 10.22am 17/06/2025 (20 minute delay) ? |
| DTR (ASX) Chart |