I'd have to agree with everyone. the cash burn must be hurting them. we get an average market update which I feel is recycled every 2 months & never really has any new news anymore, go up a few pips and get hit with cap raise.
they had a reasonable amount of cash last report so if they are ramping up production and the gold produced is not covering costs, I think we could be in trouble!
I hope there is some kind of exciting news on the back of this cap raise or I'm out!
Ann: Trading Halt, page-10
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16.0¢ |
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Mkt cap ! $32.71M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 3 | 219982 | 16.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 15982 | 2 |
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