Not what was expected as KK had clearly announced that various punters were in the data room to take a position that would build the mine, even through there's no DFS or BFS as yet. Why didn't he tell us that they needed to keep the lights on first with a dilutive CR/Placement? I suppose we should have guessed that was the case instead of the non-dilutive long term solution for the capex that was supposed to be announced in Feb. I wonder what comes next? Probably not what KK says will happen.
Ann: Placement to Strategic Investor at Above Market, page-14
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Last
4.5¢ |
Change
-0.002(4.26%) |
Mkt cap ! $61.76M | |||
| Open | High | Low | Value | Volume |
| 4.8¢ | 4.8¢ | 4.4¢ | $259.7K | 5.714M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 178252 | 4.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 286024 | 3 |
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| Last trade - 12.37pm 29/07/2024 (20 minute delay) ? |
| CEL (ASX) Chart |