What's our cash position going to be after current drilling? Sub $10m I reckon so quite possible we may have to let some tenements go for cash if the right offer arrives. Our tenements roughly valued at $30m now which is a little worrying given nothing major has been proved up. Two potential large sellers lurking but they'd be selling for 50% loss and would have to find deep pocketed buyers. Hard to be bullish at present.
General Discussion, page-24
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Last
16.5¢ |
Change
0.005(3.13%) |
Mkt cap ! $38.61M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $22.79K | 142.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8090 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 60453 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| MI6 (ASX) Chart |