I have also added this to my portfolio today.
While I share the positive sentiment for the reasons others have posted, I'm wondering whether, at some stage, they may need to raise capital as well as sell down part of their 70% interest in Southdown Project? Even with current cash generation from the existing mine, the new project needs a lot of capital to bring it to production?
i am in, page-5
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Last
23.0¢ |
Change
-0.010(4.17%) |
Mkt cap ! $266.1M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.0¢ | 22.5¢ | $245.6K | 1.065M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 171083 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 28600 | 2 |
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| Last trade - 16.10pm 31/01/2025 (20 minute delay) ? |
| GRR (ASX) Chart |