$7M is just the placement, it's a total of $20M. I think Chris said the cash burn was going to decrease in one of those recent interviews. So we have to see the next few quarterly's to get a better idea of the new cash burn to determine how long it will last.
They expect royalties in late 2025 from Stelco, I was also told the VRP was a project, so easy come, easy go. Take this with a pinch of salt.
NEOMETALS LTD (ASX:NMT) - Ann: Capital Raising Presentation, 71012239, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
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7.9¢ |
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0.008(11.3%) |
Mkt cap ! $54.50M |
Open | High | Low | Value | Volume |
7.0¢ | 7.9¢ | 7.0¢ | $37.23K | 505.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 76617 | 7.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 12011 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 76617 | 0.075 |
1 | 129000 | 0.073 |
5 | 588085 | 0.072 |
2 | 117250 | 0.071 |
4 | 141456 | 0.069 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 12011 | 1 |
0.080 | 19095 | 2 |
0.085 | 14250 | 1 |
0.090 | 141260 | 4 |
0.091 | 100000 | 1 |
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