Without wanting to further concern sensitive holders here , I have had a look at the drill costs and Co cash balances as this may partly explain the current SP and trading.
Cash as at 30 Sept $6m
Workover cost $2m (quesstimate based on 70 days onsite)
SVA Drill cost $6.5m (USD5.7m)
Admin $0.8m
Balance after SVA ($3.3m)
Happy to be told these numbers are wrong if I have erred , however it would appear from the above that JPR will need a 'bridging' placement fairly soon. DYOR
cash position
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $31.86M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 67947 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 161037 | 1 |
View Market Depth
| Last trade - 16.12pm 10/09/2024 (20 minute delay) ? |
| JPR (ASX) Chart |
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