The relisting price will probably reflect what the proposed equity placement will be at.. Don't like the fact that they are not paying any principle on their debt for the rest of the year but they need to buy more time in order to get better grades from their ore and hope that the gold price remaIns higher than $1875 per ounce. They need to become cashflow positive for a least the next 2 quarters.
Ann: Operational and Corporate Update, page-8
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$1.38 |
Change
-0.040(2.83%) |
Mkt cap ! $1.521B | |||
| Open | High | Low | Value | Volume |
| $1.42 | $1.42 | $1.33 | $11.47M | 8.356M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $1.37 |
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| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 100000 | 1 |
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