I seem to recall reading somewhere that the board took a (50%)? cut in fees earlier this year to help conserve costs. If anyone can find it maybe good to post it.
You can't assume the MD is not putting the hours in, maybe he is maybe he isn't. It's not easy when you are forced to operate on a shoestring, but we do have a great project at Mt Venn and the benefit of just under 60 million shares on issue, so plenty of scope going forward and even better if we can avoid raising at these low prices.
Hopefully he is putting in more hours trying to get an additional venture underway to facilitate a credit raise at a significant premium to the current share price. This would see an immediate rerate in the price.
Good market savvy CEO's are hard to come by and worth their weight in gold at times like this. There's big potential here, we should soon find out whether JM has what it takes to get the job done.
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.405M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.6¢ | $4.535K | 174.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 28073 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.8¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28073 | 0.026 |
2 | 700000 | 0.025 |
1 | 225000 | 0.024 |
1 | 62562 | 0.016 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.028 | 50000 | 1 |
0.029 | 31913 | 1 |
0.035 | 31200 | 1 |
0.038 | 48339 | 1 |
0.040 | 100000 | 1 |
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