They could for instance, given the advanced MRE, and direction of Renard, simply stop drilling altogether. And cut exploration only down to a prolonged utilization of the CFTF, schedule it to be used with the relevant schedule . (delay its draw down)
Factor then, how long 45m plus what equity comes from a strategic re-rate, then equity for cash from strategic.
Every stock raises capital, but there are plenty of price catalysts that follow the PEA, to reprice the cost of that equity.
They could for instance, given the advanced MRE, and direction...
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Last
57.0¢ |
Change
-0.020(3.39%) |
Mkt cap ! $126.2M | |||
| Open | High | Low | Value | Volume |
| 60.0¢ | 62.5¢ | 56.5¢ | $702.0K | 1.178M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 20810 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 44600 | 3 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| WR1 (ASX) Chart |