I don't think they were ever planning to raise $2b to get this up and running.
I'm sure the plan would be to sell it off to a bigger player or farm out a large chunk of the project and get their share of the capital costs that way...ie farm out 75% for ex amount of cash.
The down rampers will no doubt use this to send the share price down but it should recover when deals start happening.
I don't think they were ever planning to raise $2b to get this...
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.75M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.9¢ | $5.398K | 599.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 30340515 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 319893 | 3 |
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| Last trade - 12.19pm 09/10/2024 (20 minute delay) ? |
| KRR (ASX) Chart |