It is prudent management to raise at this time. Obviously I wish they raised prior to RS1 (circa 60c), but at 63% POS it must have come as a shock to drill a duster.
In order to secure funding, the investors need to see upside in their investment. Preferably short term upside. The upcoming D3 drill is a potential short term price catalyst. If D3 doesn’t come in as expected, we will have ~$150+ of cash to put a floor under the SP and push ahead with Dorado, Buffalo, or both. Cash is king and we are now flush with it.
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Ann: Successful $79 million institutional placement, page-4
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $304.1M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.0¢ | 1231261 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.170 |
3 | 51498 | 0.165 |
9 | 389085 | 0.160 |
24 | 1322562 | 0.155 |
32 | 1593726 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.170 | 1231261 | 10 |
0.175 | 890692 | 12 |
0.180 | 602725 | 11 |
0.185 | 1922985 | 13 |
0.190 | 1316848 | 11 |
Last trade - 08.45am 02/08/2024 (20 minute delay) ? |
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