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.
What's our cash position going to be after current drilling? Sub...
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Last
13.0¢ |
Change
0.010(8.33%) |
Mkt cap ! $30.42M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 13.0¢ | 12.0¢ | $6.741K | 52.96K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 204178 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 48095 | 2 |
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| MI6 (ASX) Chart |