Unsurprisingly, you've missed a whole lot. The lack of cash available now and the need for a capital raising is in part due to the poor decisions in the past. Hard to work out the totals without a full forensic analysis of shareholdings but I estimate they've spent about A$40-45M on juniors now worth ~$30M. Aside from the value lost, if they hadn't bought these stakes then they may have avoided a capital raising by restructuring debts.
The Orca Gold original stake alone in 2018 was A$25M at 67.5 cents. Orca Gold share price now = C$0.32. Worth= A$9M
Oklo Gold, average buy in price appears ~25 cents. Current price=17 cents. They hold ~38m shares so we'll call that $10M bought that are worth $7M
Loncor up ok in last 6 months. Mako, Manas inconsequential but both have tread water since Resolute bought in.
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Last
61.5¢ |
Change
-0.035(5.38%) |
Mkt cap ! $1.309B |
Open | High | Low | Value | Volume |
64.0¢ | 64.8¢ | 61.0¢ | $6.159M | 9.878M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 97876 | 61.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
61.5¢ | 35050 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 97876 | 0.610 |
12 | 293619 | 0.605 |
15 | 266732 | 0.600 |
4 | 87186 | 0.595 |
9 | 420984 | 0.590 |
Price($) | Vol. | No. |
---|---|---|
0.615 | 35050 | 2 |
0.620 | 138985 | 5 |
0.625 | 137931 | 3 |
0.630 | 174108 | 4 |
0.635 | 166255 | 5 |
Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
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