The 1.7m is a little concerning, with the delays it may overstretch the budget for the planned timeframe.
This may hold back the share price in the near future as investors expect a raise.
Nevertheless, we have a Scoping Study due to be released soon.
PAC Partners onboard. Low shares on issue.
Off-topic LRS just released an off-take bidding process after releasing PEA (Scoping Study).
PAC Partners have been involved with LRS, just recently for their short-term funding requirements which was oversubscribed.
I believe if we can follow a similar path it should be beneficial for us.
The Scoping Study is very important to generate interest which can lead to a competitive bidding process. If required.
It depends on how much capital we need, that's why I'm very interested to see the low-cost option, to minimise dilution.
Paul has been very good at raising funds in difficult times and has achieved a lot with a limited budget.
I'm confident whatever the future dilution he will try his best to preserve shareholders' value.
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $16.86M |
Open | High | Low | Value | Volume |
14.0¢ | 14.0¢ | 14.0¢ | $45.64K | 326K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1952 | 14.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1952 | 0.140 |
1 | 296000 | 0.135 |
2 | 510000 | 0.130 |
1 | 11639 | 0.086 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 25000 | 1 |
0.160 | 110036 | 3 |
0.180 | 1402 | 1 |
0.195 | 100000 | 1 |
0.220 | 55500 | 1 |
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