SUH southern hemisphere mining limited

Anglo walked from their JV project; another major has been...

  1. 249 Posts.
    Anglo walked from their JV project; another major has been watching, and has expressed interest in farming-in to Chitigua.

    Not to worry, SUH still has three other JVs in play...

    Capital raising now offers holders an opportunity to accumulate more shares at 0.045; with free attaching options.

    The annoyance of a capital raising possibly capping the current price is arguably insignificant and nothing more than a short-term annoyance.

    Raising is underwritten, and bolstered by a private placement to sophisticated and professional investors to the tune of $1.2 million.

    Who wants to bet that although the capital raising is underwritten; there will not be a short-fall?

    Other companies have similiar scenerios where a JV partner walks from a project, however this company's execution of managing the news was handled exceptionally well in my opinion.

    I'll be taking-up my full entitlements under the Rights Issue; how about you?

    In the meantime, I will be looking forward to future drilling results across all current JV projects.
 
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(20min delay)
Last
3.7¢
Change
0.000(0.00%)
Mkt cap ! $27.24M
Open High Low Value Volume
3.7¢ 3.7¢ 3.6¢ $6.971K 188.5K

Buyers (Bids)

No. Vol. Price($)
1 582431 3.6¢
 

Sellers (Offers)

Price($) Vol. No.
3.7¢ 130000 2
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Last trade - 15.44pm 12/09/2025 (20 minute delay) ?
SUH (ASX) Chart
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