And lets not forget that the option conversion gives the company close to an extra $900k in the kitty.
This, along with the fact that the test work has been proceeding may actually mean a better financial outcome for the company (if management can pull it off of course).
But if Martin Wood was able to get them to the table once when the test work was less advanced, then hopefully he should be able to do it again and from a stronger negotiating position.
Boardroom up-date, page-9
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $111.5M | |||
| Open | High | Low | Value | Volume |
| 3.2¢ | 3.2¢ | 3.1¢ | $34.90K | 1.090M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 3277814 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 408822 | 3 |
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| Last trade - 10.41am 29/07/2024 (20 minute delay) ? |
| M4M (ASX) Chart |