IF all goes well, the debt will ONLY be about $10M by mid year. Some comfort to current holders! If they do manage to raise another $15-20M in some way to resume life as an explorer I imagine they may do a 1 for 10 consolidation and then trade at around 10c. It would then take quite something to get even to 20c (or 2c in the current book). No wonder people are continuing to exit.
Ann: Operations and Corporate Update , page-2
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Mkt cap ! $11.75M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 1 | 71428 | 4.2¢ |
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|---|---|---|
| 4.9¢ | 24528 | 1 |
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