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!
I'd have to agree with everyone. the cash burn must be...
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Last
15.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.65M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 15.0¢ | $10.36K | 69.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 78946 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 9699 | 1 |
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| Last trade - 14.51pm 19/06/2024 (20 minute delay) ? |
| KAU (ASX) Chart |