They have just raised $3 . 26 million.
Debt free apart from a couple of trade expenses.
They may use some of that for further exploration on Busumbu which is phosphate , copper and rare earths with ready made walk up drill targets. They have 75% of this and have farm in partners to keep costs as low as possible.
The lithium DD is very close, for which these CR funds would be used to secure.
Cobalt opportunities are being assessed as well currently, again they would be secured with existing funds and may require further development xploration funding down the track. Could be multiples of this price by then.
Ann: Restructure Complete Focus On Lithium & Ugandan Exploration, page-14
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $13.32M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $5.056K | 421.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 59089 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 706436 | 5 |
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| Last trade - 15.35pm 10/05/2024 (20 minute delay) ? |
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Last
1.2¢ |
Change
0.001 ( 9.09 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.2¢ | 227155 | ||
| Last updated 14.29pm 10/05/2024 ? | |||||
| QXR (ASX) Chart |