Hi Folks
Judging by last quarters admin expenses, and available cash in both corporate account and exploration account, it seems to me LOM will need a CR very very soon. Surely they wont be operating with less than 100k in corporate account. last quarters admin as over 700k, but lets assume this quarters admin will be 200k only, that means they will need a CR to keep business going into next quarter. they also need to continue drilling to get to 500 carats and that two will require more funds. its an interesting company but dilution will be the killer. expect another CR to raise 1-2 million soon
cr imminet
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Last
6.3¢ |
Change
-0.003(4.55%) |
Mkt cap ! $18.27M | |||
| Open | High | Low | Value | Volume |
| 6.5¢ | 6.5¢ | 6.1¢ | $22.58K | 360.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 186345 | 6.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.6¢ | 100000 | 1 |
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| Last trade - 15.57pm 21/06/2024 (20 minute delay) ? |
| LOM (ASX) Chart |