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
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $35.1M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 15.0¢ | 13.5¢ | $4.699K | 34.43K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 199518 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 2430 | 1 |
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| Last trade - 15.43pm 09/08/2024 (20 minute delay) ? |
| MI6 (ASX) Chart |