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clock Created with Sketch. 23/11/23
13:55
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Originally posted by rowemanchew:
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GS thinks they will need a CR - Macquarie are not so sure - Macquarie mentions strong business partners, could be reference to potential funding options if required, maybe AusGov- if not they seem to have plenty of funds atm and on the way - Drill results could provide a spark - i would think they would be hesitant to do another CR considering the discount of the last. Another CR isnt the death nail some think it would be as the shorts would just close position!! they have 200 million shares x .35c = $70,000,000 on call whenever they need it lol. They are probably getting pestered for a CR. Tell them to stick it!!
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Similar entry as me. we will see CXO 60-80c in 12 months time
(20min delay)