I guess that's why they went into a trading halt so they could close it at 8c.
$2.4 wont last long IMO. They will spend around $1M on the 4,000-5,000m Cox's find drilling over Christmas-New Years. Around $0.5M on overheads for next two quarters. Plus whatever they go and waste on MonAmi.
Might be going back to the well again before Easter, which will again hinder the share price. Might be time to file this in the bottom draw.
Hope some of these funds go to Qld projects...nothing from management on this for some time.
I guess that's why they went into a trading halt so they could...
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Last
1.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.71M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 265823 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 400000 | 1 |
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| Last trade - 16.12pm 14/06/2024 (20 minute delay) ? |
| GSN (ASX) Chart |
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