I personally see no sign of a CR in the vicinity... and hence it is a good time to top NOW when there is this uncertainty in the air.... gives us a good chance to get them in the high teens or low 20s...
imo the CR will happen at the very end when there is a lot more structure to this whole program.... that will help them to raise at much higher than now and the dilution will be avoided too... I think the drilling (or pre-drilling activities) will start somewhere in April (mid)... if they hold on till March end, they can do a 2 part cap raise - one quick one for the sophs and one for us (that takes the usual 4 weeks of fund raising time)... this should give them enough time to get the money organised for an extensive drill campaign...
just my opinon as to what can happen here... fingers crossed...
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6.7¢ |
Change
0.002(3.08%) |
Mkt cap ! $14.12M |
Open | High | Low | Value | Volume |
6.7¢ | 6.7¢ | 6.7¢ | $402 | 6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 44000 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 88452 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 44000 | 0.067 |
1 | 75757 | 0.066 |
3 | 305526 | 0.065 |
1 | 8000 | 0.064 |
1 | 15873 | 0.063 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 88452 | 2 |
0.078 | 12676 | 1 |
0.079 | 95130 | 3 |
0.085 | 76749 | 1 |
0.100 | 162250 | 2 |
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