With over 800k in the kitty this appears to be is a rather pre-mature cap raising unless we're just locking in some money for later on the back of high gold prices..
Overflow and Yellow Mountain Projects, per the quarterly, were to commence drilling in Q4 and since then the bad news in the eastern states respect to covid has just got worse so can not see them moving the timeline forward. Bryah Basin is fully funded by the JV partners so drilling in Q3/4 is not an issue funds wise, looking forward to the mineral reserves estimate from Superior for Hermes South to be issued in the next month.
Karonie follow up RC drilling is planned and probably some early work on Mt Rebecca but can not see this costing more than 200-300k.
Maybe we got an indication of a high cap raising share price of 1.5-1.6
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0.7¢ |
Change
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Mkt cap ! $8.247M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $722 | 103.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2688988 | 0.7¢ |
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Price($) | Vol. | No. |
---|---|---|
0.8¢ | 1787068 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 2688988 | 0.007 |
16 | 6081500 | 0.006 |
12 | 6054489 | 0.005 |
5 | 4348990 | 0.004 |
6 | 4080017 | 0.003 |
Price($) | Vol. | No. |
---|---|---|
0.008 | 1787068 | 7 |
0.009 | 978311 | 3 |
0.010 | 5536677 | 10 |
0.011 | 3000000 | 1 |
0.012 | 1107000 | 3 |
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