PRX 0.00% 0.3¢ prodigy gold nl

ann secures 19.6 mill strategic investment, page-20

  1. 1,743 Posts.
    lightbulb Created with Sketch. 106
    It seems like i might be robinson crusoe but my first thoughts re the deal are pretty positive. pacific road capital are respected mining financiers and their presence (and hopefully positive due diligence) will add greatly to ABM's credibility. Also, if we hope to gain institutional traction, we need to have more formal quantification of what, in my opinion, will be shown to be awesome gold resources.

    The dilution may be an unwelcome surprise for many and perhaps also the placement price but such is the current finance market for junior explorers/producers. One needs to weigh up the pros and cons of potentially fast tracking more substantial mining/production operations against the new capital dilution. We should give Darren and the Board the credit that they enough smarts to have considered these implications sufficiently ...
 
watchlist Created with Sketch. Add PRX (ASX) to my watchlist
(20min delay)
Last
0.3¢
Change
0.000(0.00%)
Mkt cap ! $6.353M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $779 259.5K

Buyers (Bids)

No. Vol. Price($)
28 15823362 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 23487747 25
View Market Depth
Last trade - 10.06am 12/07/2024 (20 minute delay) ?
PRX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.