Nice little surprise. Takes away any need or talk of a further cap raise.
Keep approx $15m cash and reduce debt by $15m?
If they can pay the loan down by $15m (loan agreement/terms), they will save $450k per quarter in interest. This would be a significant step to having our first quarterly profit!
The 2nd lot of $30m will be years away, but would see us debt free or give us the opportunity to scale up production or prove up reserves
Nice little surprise. Takes away any need or talk of a further...
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Last
$3.71 |
Change
0.030(0.82%) |
Mkt cap ! $1.457B | |||
| Open | High | Low | Value | Volume |
| $3.67 | $3.77 | $3.58 | $5.141M | 1.387M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $3.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.71 | 3957 | 1 |
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| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| PNR (ASX) Chart |