Would love to hear this from the company. It sounds perfectly feasible. I would much rather a small cap raise to progress construction and then receive IDC funding for the remainder, rather than delay the project any longer.
There's nothing wrong with a CR to progress a project that's going to generate considerable revenue. It's not like it's a CR for wildcat drilling or something else that's highly risky. Clearly MNB has attempted to (and continues to) attempt to fund the project through non-dilutionary means. Just another hurdle. Anyone who's worked in project delivery knows every project is filled with hurdles. I for one will be topping up on the dip to CR levels if that happens.
All IMO, etc.
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Last
5.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.96M |
Open | High | Low | Value | Volume |
5.9¢ | 6.0¢ | 5.8¢ | $33.43K | 569.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 110000 | 5.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 144000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 110000 | 0.058 |
2 | 34492 | 0.057 |
1 | 175000 | 0.056 |
4 | 145000 | 0.055 |
1 | 15094 | 0.053 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 144000 | 2 |
0.062 | 192500 | 3 |
0.064 | 302384 | 2 |
0.065 | 9971 | 1 |
0.066 | 147540 | 1 |
Last trade - 15.33pm 27/09/2024 (20 minute delay) ? |
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