I agree about putting things on the table. It's still possible that a CR will not be required depending on how quickly they reduce C&M costs or get to Area 5.
Also they might have more interest in a Nifty sale now that most broker firms are bullish on Copper in 2020..
IMO a cap raise at 8-10c with 1 option for every 10 purchased ex 15c with a 2 year strike would be seen as good value. 200m shares at 9c = 18m plus 20m ops at .15c = $3m
900m now plus 220m = 1.12b at 9c market cap of $100m $18m cash and basically no debts with $5-6m coming in each Q plus sell the Cu and Ni off. Just a thought ?
ref.
https://www.bloomberg.com/news/arti...xt-big-metals-trade-of-2020-as-china-recovers
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I agree about putting things on the table. It's still possible...
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Last
62.5¢ |
Change
-0.030(4.58%) |
Mkt cap ! $553.9M |
Open | High | Low | Value | Volume |
66.0¢ | 66.0¢ | 61.0¢ | $2.280M | 3.628M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 86376 | 62.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
62.5¢ | 180867 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 70000 | 0.620 |
1 | 1000 | 0.615 |
11 | 248884 | 0.610 |
4 | 40722 | 0.605 |
15 | 244183 | 0.600 |
Price($) | Vol. | No. |
---|---|---|
0.625 | 161645 | 2 |
0.630 | 18542 | 1 |
0.635 | 7000 | 1 |
0.640 | 30962 | 2 |
0.665 | 40000 | 1 |
Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
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