They had $1.5 mn negative Cash flow (exploration costs, staff, ...) in the last quarter. If they also spend this amount in the current quarter, the balance sheet will look more sad by end of December and latest in Q3 they would have to raise fresh capital. So, after releasing the massive results from yesterday, today is the best chance for the CR (check the chart there was always a sell off after a large green candle).
They had $1.5 mn negative Cash flow (exploration costs, staff,...
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Last
2.8¢ |
Change
-0.004(12.5%) |
Mkt cap ! $7.127M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.3¢ | 2.7¢ | $207.1K | 7.015M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 801657 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 165922 | 3 |
View Market Depth
| Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
| FG1 (ASX) Chart |