I think it's just a timing issue, not a budget blow out, ie the project is running ahead of the original schedule(good) so they spent more cash in Q4 2020 than they originally had forecast, the spend has just been brought forward from future periods. The above statement only compares what they forecast to spend in the quarter, not what they forecast to spend overall.
The price weakness is more likely due to the major IO miners pulling back a bit this week and the additional stock that was issued due to the options conversion.
I think it's just a timing issue, not a budget blow out, ie the...
-
- There are more pages in this discussion • 446 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 FEX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.0¢ |
Change
0.010(3.70%) |
Mkt cap ! $201.7M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 28.5¢ | 27.3¢ | $342.6K | 1.221M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 212408 | 27.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 18176 | 2 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FEX (ASX) Chart |