If you actually read the activities report, they’re assessing projects at the moment. IMO they already know which project they’re going to take but they need to keep up the appearance of openness and they need to get the timing right. The cash burn is a little high considering the staff/director numbers but at $200k/q, it’s very low compared to other explorers.
There’s no point over analysing this one. It’s a forgone conclusion. There will be an acquisition or RTO very soon. Only thing to do between now and then is buy, sell or wait patiently.
Ann: Quarterly Activities Report, page-3
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Mkt cap ! $20.63M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $91 | 27.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 78 | 44967657 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.4¢ | 23016255 | 69 |
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| Last trade - 15.59pm 05/06/2024 (20 minute delay) ? |
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| 0.3¢ | 0.3¢ | 0.3¢ | 974402 | ||
| Last updated 15.51pm 05/06/2024 ? | |||||
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