I really don't think there will be as much dilution as some people on here are saying....
There's plenty of news coming in the near term, that will drive the price higher before the CR:
Local / State approvals
HPA news / off-takes
Other product off-takes
DFS (updated CAPEX which will be big if they can lower it by even 10%)
Financing - NAIF, EFA, K-Sure, GM - possibly Canadian export finance, possibly QLD government investment, possibly pre-payments, possibly NC miners, and probably more that haven't been mentioned....
And lets not forget about QPM Energy - Our own gas supply!!!
Hopefully by the time we have to CR, the raise price will be closer to 30-35c +
It won't be long after that before GM is pushing hard to get the second plant up and running....
I really don't think there will be as much dilution as some...
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Last
3.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $75.63M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 390666 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 20451 | 2 |
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| Last trade - 16.12pm 23/08/2024 (20 minute delay) ? |
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