Looking increasingly likely to me that this has been a pump to get the 10 day (or perhaps 15 day) VWAP up before a cap raise or placement coming soon. I’m not unhappy with a CR if it is to be principally used to significantly expand drilling and the return of assays on the cobalt, nickel & copper projects. Yes, we have cash in the bank, but we now also have staff and burn. So if a decision has been taken to accelerate exploration (and I hope it has, given the current commodity prices) we’re going to need more money soon. If it’s an arranged institutional placement then let’s hope they follow the early VUL model and do it for a nil (or next to nothing) discount to the current trading price range.
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Last
17.5¢ |
Change
-0.015(7.89%) |
Mkt cap ! $15.18M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 17.5¢ | $5.834K | 32.72K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 16.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.160 |
5 | 112458 | 0.155 |
7 | 74410 | 0.150 |
2 | 21896 | 0.145 |
2 | 30000 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 20000 | 1 |
0.190 | 11287 | 3 |
0.200 | 80000 | 4 |
0.220 | 40000 | 1 |
0.230 | 20500 | 2 |
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