The main goal for the team should be ensuring that those 28c oppies get exercised.
This then removes the requirement for funding in the nearer term.
There are not a plethora of Urea plays on the ASX, and it’s not like gold or another commodity that can have it’s SP run hard on something as simple as high grade results from drilling.
Offtakes and the DFS should hopefully create some buying pressure, as would a cracking ann out of left field or a strategy around their hydrogen (something that the market is ogling over).
Maybe even an indication that the SA Gov is assisting in some capacity, with the project or infrastructure.
As important as fundamentals are, hype is also necessary for a spec stock.
Will be an interesting couple of weeks.
Cheyne
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Last
0.3¢ |
Change
0.001(25.0%) |
Mkt cap ! $5.707M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $3.645K | 1.228M |
Buyers (Bids)
No. | Vol. | Price($) |
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39 | 95168290 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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0.3¢ | 15484221 | 21 |
View Market Depth
No. | Vol. | Price($) |
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39 | 95168290 | 0.002 |
59 | 249226386 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.003 | 15484221 | 21 |
0.004 | 2089549 | 9 |
0.005 | 5990041 | 6 |
0.006 | 618548 | 3 |
0.007 | 300000 | 1 |
Last trade - 14.32pm 30/05/2024 (20 minute delay) ? |
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Open | High | Low | Volume | ||
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