All I'll say is that I'm glad you're not managing the company if you feel that a $5m cap raise is the way to go at this point. Got to remember that they only need $1.3m of total liquidity to drill O2. Connection only matters in a success case. O3 is not yet agreed. They already have $3m debt - in a failure case the difference between $3m and $4m is a case of semantics. The only way forward at that point imho would be to merge with VEN, consolidate and raise.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.413M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 17201844 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 7214191 | 11 |
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| Last trade - 15.06pm 16/06/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
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