Yeh something isn't aligning here. I thought we had enough cash on hand to pay for the seismic and long leads, that's certainly what the company intimated.
So either these funds are for those items and the current cash on hand is for drilling M2 or we've been very led astray.
As a current shareholder I really don't like raising for seismic at this point unless the plan is to farm-out the basin margin and this was a condition from a potential partner.
Hope Scott does another webinar to explain the company's thinking
Yeh something isn't aligning here. I thought we had enough cash...
Add IVZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.6¢ |
Change
0.002(3.70%) |
Mkt cap ! $79.40M | |||
| Open | High | Low | Value | Volume |
| 5.6¢ | 5.7¢ | 5.4¢ | $153.5K | 2.775M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49999 | 5.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.7¢ | 35000 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
5.7¢ |
Change
0.002 ( 5.17 %) |
||||
| Open | High | Low | Volume | ||
| 5.4¢ | 5.8¢ | 5.3¢ | 999121 | ||
| Last updated 15.36pm 14/06/2024 ? | |||||
| IVZ (ASX) Chart |