Thank you for that jbad94.
There’s another benefit to drilling, where the results are mirrored in a rising share price:
The time will come when we will have to raise the necessary funds to get mining started. It has been suggested we will need around $100m. Some part of that amount will be via a share placement. I prefer that’s done at the highest price possible. We could be raising that money at 80c a share or much higher, versus 30 to 40c if we went early. We could potentially save ourselves 100million+ in issues shares. Why wouldn’t you???
Thank you for that jbad94. There’s another benefit to drilling,...
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Last
56.5¢ |
Change
-0.010(1.74%) |
Mkt cap ! $613.1M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 58.5¢ | 56.5¢ | $3.221M | 5.654M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 390227 | 56.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.5¢ | 42048 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
57.0¢ |
Change
-0.010 ( 1.30 %) |
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| Open | High | Low | Volume | ||
| 58.0¢ | 58.0¢ | 56.5¢ | 859060 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| SPR (ASX) Chart |