Hahaha...... good man John I have my tin foil hat at the ready for the details of this next announcement. Thankfully I have not had to realise the cost of 3.500m diamond drilling campaign myself, but then it would seem that management didn't realise how much it would cost either.
Here is a C&P from the announcement dated 10/3/16.
"Backed by a strong cash position, Argent has scheduled drilling to commence Wednesday 16 March 2016, with an immediate follow up to hole AKDD181. A new drilling contractor has been appointed with 24 hour/7 day operations capabilities for a high impact, accelerated results drilling program"
Accelerated results......hmmmmm
And another from announcement dated 15/3/16
Cash position and finalisation of the private placement Argent’s cash position will be approximately $1.52 million following the finalisation of the private placement, representing a well-funded position ahead of the Kempfield drilling program and West Wyalong IP extension survey.
Now Juniors cannot run on fresh air, I get that, the point I was trying to make is that surely management must have planned to have enough funds to get us from A to B in the current campaign. Why are they going to the equity market again before the final results are in. I have plenty of tin foil if anyone else wants me to make them a hat![]()
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Hahaha...... good man John I have my tin foil hat at the ready...
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2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $30.36M |
Open | High | Low | Value | Volume |
2.1¢ | 2.1¢ | 2.1¢ | $24.21K | 1.152M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 2552731 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.2¢ | 481742 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 2487731 | 0.021 |
11 | 3133500 | 0.020 |
11 | 1592131 | 0.019 |
6 | 2973325 | 0.018 |
8 | 1351842 | 0.017 |
Price($) | Vol. | No. |
---|---|---|
0.022 | 481742 | 5 |
0.023 | 2092850 | 5 |
0.024 | 688625 | 5 |
0.025 | 472700 | 3 |
0.026 | 937300 | 4 |
Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
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