They had $1.4m at the end of last quarter.
They got another $1m circa from tranche 2 of the December raise early feb.
They have then got circa $1m from the placement they just did.
So they should have about $3m in the bank now.
They will get another $300K from the second tranche of this placement in may.
Not to be counted but the will also get $180K from a Government grant to drill out the Mogul project. they will also be reimbursed $400K if the Chilian lithium project they looked at (probably 1 in 10 at best they see that cash).
On the loose shares, I would say not many at this point. It seems like the top 20 are all buyers.
I think there was only one major share holder who sold in the past 12 months and he is a holder from the dark old days.
Ann: Placement, Board Change, Acquisition of Exploration Licences, page-29
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3.6¢ |
Change
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Mkt cap ! $129.5M | |||
| Open | High | Low | Value | Volume |
| 3.6¢ | 3.8¢ | 3.4¢ | $283.2K | 7.939M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1256910 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 461318 | 5 |
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