As of 31st March ENV had $879,000 in cash plus $1.5M from the capital raising
Use of the $1.5M is outlined below (Not for Brazil)
So only $879K left for Brazil and that is the cash they had 2 months ago.
So how much have they got now? $500- $600K ?
For an active exploration company, $500- $600K is peanuts and gets burnt very fast.
Seems only logical that another Capital Raising will be required, say before EOFY.
Do the math.
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Last
0.8¢ |
Change
-0.001(11.1%) |
Mkt cap ! $7.879M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.8¢ | $11.92K | 1.348M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 5617999 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 3040111 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 5617999 | 0.008 |
12 | 7792539 | 0.007 |
6 | 12313332 | 0.006 |
1 | 168333 | 0.003 |
1 | 4888888 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 3040111 | 9 |
0.011 | 1569901 | 6 |
0.012 | 1019000 | 5 |
0.013 | 1349502 | 4 |
0.014 | 2448978 | 7 |
Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
ENV (ASX) Chart |