Nah not commercial to do a massive raising.In another 45 days they will have another $1.3m taking their cash position to $3.7m to explore illana. Thats enough to get a JORC resource and as Arakarat grows Barrick will need to pay a significant sum for our 35% which we will use to fund Illana to development.
At this stage protect capital structure is of utmost importance.
Disallowed - Barrick takes strategic stake and farms in $10M USD, page-367
-
- There are more pages in this discussion • 81 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AQI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.0¢ |
Change
-0.002(9.09%) |
Mkt cap ! $12.31M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.3¢ | 2.0¢ | $24.02K | 1.104M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 232695 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 409000 | 4 |
View Market Depth
| Last trade - 15.27pm 17/07/2024 (20 minute delay) ? |
| AQI (ASX) Chart |