They will have by my rough calc about 80M cash after the raise. They need LT contracts to push go on a restart because spot is still 30usd. Utilities much more likely to sign a 5-10 year supply contract with a solvent company with large cash reserves than one with debt.
Cap Raising on the cards, page-30
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Last
$12.65 |
Change
-0.210(1.63%) |
Mkt cap ! $3.782B | |||
| Open | High | Low | Value | Volume |
| $12.60 | $12.80 | $12.56 | $23.49M | 1.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4500 | $12.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.66 | 3571 | 2 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |