Even IF it did end up taking a bit longer, imo it would not be a big deal at all if we had to raise say $10-20M in order to reach that point.
Imo that amount could be raised “overnight”, and the minimal associated dilution would pale into insignificance against the de-risking that ramped production would bring.
Of course, better to get there without needing to, but imo it would hardly be “disastrous” as the haters want everyone to believe, as they froth over sub-10c shares, hoping for that opportunity they missed.
Imo
Dyor
Ann: Quarterly Activities Report - March 2024, page-29
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Last
12.0¢ |
Change
-0.005(4.00%) |
Mkt cap ! $174.7M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $197.2K | 1.602M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 1959452 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 12.5¢ | 169666 | 4 |
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| Last trade - 16.10pm 03/06/2024 (20 minute delay) ? |
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Last
12.3¢ |
Change
-0.005 ( 3.92 %) |
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| Open | High | Low | Volume | ||
| 12.5¢ | 12.5¢ | 12.0¢ | 990330 | ||
| Last updated 15.59pm 03/06/2024 ? | |||||
| AGY (ASX) Chart |