From my understanding, it looks the company has about $ 1,296,000 war chest.($ 216,0000 at the 31st of March, plus $ 780,000 by AME stock sales and recent raised $ 300,000).
And possibly another $ 525,0000 from potential cash convertible options of 35 million exercisable @ 0.015 on or before 31 June 2012.
So roughly about $ 1.8 million war chest.
After reading a company Quarterly, I was absolutely amazed by company's accumulated great assets and further developing stories.
Still we have the Jewel of the Crown FR tenement E63/1281 plus bonus project(s) at E28/2403. A great project at Homestead in Doolgunna that is now awaiting for moving loop EM survey by SFR.
And magnificent gold projects.
It is absolutely wrong, if anyone thinks ENT holds only negligible E28/2403 tenement in FR along with Mawson and LEG's Lantern project. Definitely those are negligible to FR pioneer great Nova/Bollinger discovery at Southern Range.
Regards,
Ann: Quarterly Activities & Cashflow Report, page-2
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.713M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $1.53K | 382.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2242000 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 1662608 | 2 |
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| Last trade - 10.02am 03/10/2024 (20 minute delay) ? |
| ENT (ASX) Chart |