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
13.5¢ |
Change
-0.015(10.0%) |
Mkt cap ! $31.59M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 14.5¢ | 13.5¢ | $6.63K | 49.11K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 32214 | 2 |
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| Last trade - 15.47pm 21/06/2024 (20 minute delay) ? |
| MI6 (ASX) Chart |