CEO must be very confident that debt financing and equity raising is close to complete.
USD $118m for phase 1. 33% completetion however most costs are initial setup so i assume they need $60-70m debt finance + equity raising.
this is a small number compared to many development projects that require 500m to 1B.
i am confident they will get through this in the next 3 months. sp will be back 80c level.
CEO must be very confident that debt financing and equity...
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Last
23.5¢ |
Change
-0.055(19.0%) |
Mkt cap ! $97.06M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.5¢ | 22.0¢ | $2.491M | 10.65M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 1241135 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 176550 | 3 |
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| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
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Last
23.8¢ |
Change
-0.055 ( 18.5 %) |
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| Open | High | Low | Volume | ||
| 22.5¢ | 24.5¢ | 22.5¢ | 5701039 | ||
| Last updated 15.59pm 20/05/2024 ? | |||||
| GLN (ASX) Chart |