Well my last post was prophetic, they managed to find some sophisticated investors and investment FUNDS to stump up some running costs and to top it off they got them at 20% discount to the last closing price!! If one was cynical one could say that some wealthy mates and their super funds are taking a punt. So as has happened before do we see the share price drift back to around 10c until the next injection is required and the share price will rise to around 12c. It will take an announcement that they have received an injection of of $40mill+ before any one will consider this to be more than a speculative investment.
Yes $7mill is a lot of money but is only a drop in the bucket in the mining game and falls well short of $70mill+ required.
How many of the smaller loaders will it finance? Oh well same old same old from this mob, gold at its highs and CTO sp going nowhere.
DYOR My ramblings only
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $12M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 20397419 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 3990032 | 5 |
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| Last trade - 16.21pm 31/07/2025 (20 minute delay) ? |
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