After waiting that long for the announcement, I was expecting more. Slightly disappointing.
$100k up front, more money required to drill it, then $15mill if they want it. In addition to the current planned drilling activity.
There is a CR coming, can't see them paying in script. Consolidation, tell the market the ambitious plan, raise the money. Textbook.
Ann: Voluntary Suspension Update, page-99
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Last
$1.37 |
Change
-0.010(0.72%) |
Mkt cap ! $3.283B | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.39 | $1.36 | $5.956M | 4.346M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 192328 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 42021 | 4 |
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| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| DEG (ASX) Chart |