By my calculations they need approximately 7 million aud net to drill well #2 and get #1 and #2 to production. In that time they will also need to repay $2m to MEL and pay for admin and other. That small cap raising is potentially $10-11m. Really interesting times.
Ann: Quarterly Activities Report and Cashflow Report June 2017, page-5
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Last
5.9¢ |
Change
0.009(18.0%) |
Mkt cap ! $63.64M | |||
| Open | High | Low | Value | Volume |
| 5.1¢ | 5.9¢ | 5.1¢ | $39.77K | 715.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 145211 | 1 |
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| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
5.7¢ |
Change
0.009 ( 14.0 %) |
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| Open | High | Low | Volume | ||
| 5.2¢ | 5.8¢ | 5.2¢ | 396012 | ||
| Last updated 15.48pm 06/06/2024 ? | |||||
| BYE (ASX) Chart |