Capital outlay less than 1 / 10th of market cap FFS
If you can't get cheap debt for the whole thing then have a rights issue
Voluntary dilution
Who is not going to dip into their pockets for 50c per share?
No forced dilution!
Ann: SCOPING STUDY DEMONSTRATES FEASIBILITY OF METALS PLANT, page-17
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 (20min delay)
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Last
$1.00 |
Change
0.000(0.00%) |
Mkt cap ! $179.7M | |||
| Open | High | Low | Value | Volume |
| 99.0¢ | $1.02 | 98.0¢ | $181.4K | 181.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 37173 | $1.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.02 | 41099 | 3 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
$1.01 |
Change
0.000 ( 1.52 %) |
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| Open | High | Low | Volume | ||
| 98.5¢ | $1.02 | 98.0¢ | 63300 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| ASM (ASX) Chart |