15.4 mill cash left, cap raise incoming.
Comment surrounding "uncertainty to operations" relating to plutonic is not great either. My guess is operations put on hold, cap raise, massive drill out of plutonic belt and then a restart. Similar to what Gascoyne resources did, now called Spartan Resources.
They are chasing their tail and don't have enough money to get Trident started or bring online any major ore sources.
overall, average quarter in my opinion. hopefully they can reduce costs next quarter with all this investment in machinery etc, but I am doubtful at this stage.
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Last
$4.97 |
Change
0.100(2.05%) |
Mkt cap ! $1.251B | |||
| Open | High | Low | Value | Volume |
| $4.90 | $5.04 | $4.87 | $6.946M | 1.403M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $4.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.00 | 109 | 1 |
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| Last trade - 16.10pm 14/07/2025 (20 minute delay) ? |
| CYL (ASX) Chart |