With the significant fall in the nickel price, and poor prevailing market sentiment, the Company is taking a prudent approachwith respect to its capital management and is planning to reduce monthly exploration and corporate costs fromapproximately $1.5 million to $0.75 million per month. Expenditure will naturally fluctuate month to month dependent ondrilling type and activity. The Company reduced its site-based headcount by 50% during the quarter to reflect this forecastreduced exploration activity. Two positions in the Perth office were also made redundant.
is what they say so that's about $2.3m a quarter for exploration and corporate costs - is that enough?
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- Ann: Quarterly Cash Flow Report - March 2024
Ann: Quarterly Cash Flow Report - March 2024, page-5
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Last
22.0¢ |
Change
-0.030(12.0%) |
Mkt cap ! $48.52M |
Open | High | Low | Value | Volume |
24.5¢ | 24.5¢ | 21.5¢ | $55.42K | 242.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1500 | 21.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.0¢ | 129999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1047 | 0.210 |
3 | 135000 | 0.200 |
1 | 25000 | 0.190 |
1 | 75000 | 0.170 |
1 | 10000 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.220 | 129999 | 1 |
0.225 | 5000 | 1 |
0.230 | 20000 | 1 |
0.235 | 28000 | 2 |
0.240 | 110513 | 2 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
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