They can’t do that because they don’t know the assay results yet. They might have confidence based upon for example XRF readings, but as far as I know they can’t use these in negotiations with investors when they have not been released to market.
They can release the assay results to market and then shortly after issue a trading halt pending capital raise. If the assay results are really good it could give a CR at a premium. This is what I think is likely to happen in about 3 weeks time.
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Last
29.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $100.2M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 28.5¢ | $16.53K | 57.77K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 64631 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 72154 | 5 |
View Market Depth
| Last trade - 11.26am 18/06/2025 (20 minute delay) ? |
| PTR (ASX) Chart |