They will need to raise more funds thanks to using funds originally meant for Andash to acquire develop and progress the Australian assets.
Considering the excellent return on investment on these assets and the geographical diversity resulting, not many investors would mind.
How much they may need for a cr will depend on how much they increase debt on Andash by.
Andash easily justifies a debt facility of enough size to reduce the need of a cr to zero, but I would expect part cr part debt increase. Even with all debt on Andash and no cr, the debt would be able to be repaid in just over a year.
No debt or cr will be needed until well after Andash begins construction.
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Last
9.7¢ |
Change
-0.008(7.62%) |
Mkt cap ! $62.86M |
Open | High | Low | Value | Volume |
10.0¢ | 10.0¢ | 9.7¢ | $28.09K | 288.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 357856 | 9.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 87703 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 357856 | 0.097 |
1 | 14434 | 0.096 |
3 | 60788 | 0.095 |
3 | 143233 | 0.094 |
2 | 30761 | 0.092 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 87703 | 1 |
0.105 | 70987 | 3 |
0.110 | 100000 | 1 |
0.115 | 105384 | 2 |
0.120 | 796648 | 8 |
Last trade - 15.55pm 14/11/2024 (20 minute delay) ? |
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