First $57.2M is fully underwritten and suggestions are it's fully subscribed by funds & soph's.
Second tranche is up to $15M on top of that which requires an EGM to sanction, imagine most of that will be filled.
Likely total ~$70M which will be a company maker, expanded resource will provide further surety for sign off with finance partners German & NAIF, further offtakes sound promising with pressure building on the demand side, with the equity gap reduced to a relatively small $50M this thing will confirm its status as the next RE business after Lynas.
Quite sure that has not escaped Lynas attention.
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Mkt cap ! $48.82M |
Open | High | Low | Value | Volume |
27.0¢ | 27.5¢ | 27.0¢ | $49.41K | 181.8K |
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No. | Vol. | Price($) |
---|---|---|
3 | 96413 | 27.0¢ |
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Price($) | Vol. | No. |
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28.0¢ | 2700 | 2 |
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3 | 96413 | 0.270 |
7 | 87549 | 0.265 |
5 | 67210 | 0.260 |
3 | 17264 | 0.255 |
7 | 86075 | 0.250 |
Price($) | Vol. | No. |
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0.280 | 2700 | 2 |
0.285 | 30000 | 1 |
0.290 | 49999 | 2 |
0.300 | 16781 | 4 |
0.315 | 1713 | 1 |
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