I don't think they are in a desperate position. They don't have much operational expenses now that the DFS is done. They just need to start negotiating deals, that is it.
So that $30 million can last them a year, easy. Plenty of time for the lithium and share price to recover while they start getting the deals done.
Ann: Trading Halt, page-48
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Last
6.3¢ |
Change
0.001(1.61%) |
Mkt cap ! $103.7M | |||
| Open | High | Low | Value | Volume |
| 6.2¢ | 6.3¢ | 6.2¢ | $61.02K | 984.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 214173 | 6.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 204361 | 10 |
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| Last trade - 11.12am 28/05/2024 (20 minute delay) ? |
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Last
6.2¢ |
Change
0.001 ( 1.27 %) |
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| Open | High | Low | Volume | ||
| 6.2¢ | 6.2¢ | 6.2¢ | 331815 | ||
| Last updated 11.14am 28/05/2024 ? | |||||
| LKE (ASX) Chart |