By the end of this 2024, the cash position should be a bit over 217 M AUD (33 M last Dec + 12 months of Jan24-Dec24 = 120 M USD =184 M AUD). This is upper limit of cash with all deposit by Quantum and in reality if it is even 100-150 M AUD at the end of of the year, still a great amount of dilution free cash. If you add up pilot plant progress and upgraded gold deposit/Drill results/Upgraded MRE around 4 M Oz +, I think your figure is not hard to reach.
IMO, market will mostly value the pilot plant progress and continuity of Quantum genuineness with the deal.
GLTAH.
By the end of this 2024, the cash position should be a bit over...
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Last
9.9¢ |
Change
0.006(6.45%) |
Mkt cap ! $41.39M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
9.9¢ |
Change
0.006 ( 5.32 %) |
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| 9.3¢ | 10.0¢ | 9.3¢ | 206874 | ||
| Last updated 15.22pm 14/06/2024 ? | |||||
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