My view is that they have a plan in place to not have to tap the market again and dilute the companys value.
PAK will get 1.8 mill from the cap raise plus 1 mill from GCI and hopefully some revenue from Imagine.
This should be enough to push the feasability study of Elko and run the company until the end of 2017 in time for the option expiry period. Im sure they will be desperate to have PAK above 25c to ensure the PAKOs are exercised and another 10 mill plus is in the bank.
That should be ample to see Elko through to JV / finance stage.
Just my 2 cents and would love to hear any other views
cheers
gmc
- Forums
- ASX - By Stock
- AVM
- Ann: Receipt of Initial $130,000 from Sale of GCI Interest-PAK.AX
Ann: Receipt of Initial $130,000 from Sale of GCI Interest-PAK.AX, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AVM (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.4¢ |
Change
0.004(20.0%) |
Mkt cap ! $4.043M |
Open | High | Low | Value | Volume |
2.1¢ | 2.4¢ | 2.1¢ | $9.96K | 443.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 246845 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 134038 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 246845 | 0.021 |
5 | 389425 | 0.020 |
1 | 52630 | 0.019 |
1 | 166666 | 0.018 |
1 | 500000 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 134038 | 3 |
0.026 | 406643 | 2 |
0.027 | 150750 | 2 |
0.028 | 470000 | 1 |
0.029 | 92770 | 2 |
Last trade - 15.59pm 27/09/2024 (20 minute delay) ? |
Featured News
AVM (ASX) Chart |