IMHO it probably is prudent to get the CR done now and have a clear runway through the winter drilling program (and/or contract more rigs perhaps?). They could also quickly push the button in Q2 on drilling North Millennium & Marshall with cash in bank. Invariably there will be little/sporadic news flow through the drill program and as we've seen the SP can drift south in that situation. This puts a good floor on the SP and there's no looming CR overhang which may deter some investors.
Ann: Trading Halt, page-14
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Last
10.0¢ |
Change
0.002(2.04%) |
Mkt cap ! $8.315M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.5¢ | $45.45K | 470.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 105000 | 9.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.0¢ | 38784 | 1 |
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| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
10.0¢ |
Change
0.002 ( 2.04 %) |
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| Open | High | Low | Volume | ||
| 9.6¢ | 10.0¢ | 9.6¢ | 78398 | ||
| Last updated 15.58pm 28/05/2024 ? | |||||
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