SO4 had $10M in the bank at 31/12/17. Since then and focusing on Lake Way, they raised $13M, $20M, $98M after 30/6/20 and another $10M soon (from Equatoral Resources). $151M raised or used for Lake Way; less $5M in capital raising fees. At 30/6/20 had $7M in cash. Proforma cash position at 30/6/20 is $111M; which equates to $40M used to 30/6/20 for Lake Way since 31/12/17.
Forming up nicely, page-18
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Last
4.7¢ |
Change
0.011(30.6%) |
Mkt cap ! $30.20M | |||
| Open | High | Low | Value | Volume |
| 3.8¢ | 4.8¢ | 3.6¢ | $5.065M | 120.0M |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1342482 | 4.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.8¢ | 200000 | 1 |
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