Hmmmm.
“The Company seeks pre-approval to raise up to $30 million in order to progress to stage 2 of construction works at the proposed Johor HPA plant which includes final engineering and construction design, additional piling and advancement of long lead time plant and equipment to maintain project momentum“
Additional Piling?
To me that indicates a problem with the groundworks rather then the financers have issues. I smell this blowing out slightly past the $US 300m mark. The 4 weeks is up now since the last announcement so they should have the ground study complete. Funny how this comes out.
Ill be selling my smaller parcel today for a loss because this is going lower IMO and the market knows it. Hence the constant unloading on the SP. CR will be 10-11c IMO.
Ann: Notice of General Meeting/Proxy Form, page-14
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Last
6.4¢ |
Change
0.005(8.47%) |
Mkt cap ! $105.8M | |||
| Open | High | Low | Value | Volume |
| 6.1¢ | 6.4¢ | 6.0¢ | $420.2K | 6.806M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 32908 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.4¢ | 874598 | 2 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
6.4¢ |
Change
0.005 ( 8.47 %) |
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| Open | High | Low | Volume | ||
| 6.1¢ | 6.4¢ | 6.0¢ | 1664142 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| ATC (ASX) Chart |