I could be wrong @JordanL however, I believe the previously mentioned cost to complete DFS was circa $10 mill. The $1.3 mill raised won't be enough. Refer to ann:
"The funds to be raised under the Entitlement Offer, being up to $1,323,289 (less costs of the Entitlement Offer), will provide working capital funding whilst it arranges further funding required to complete the Definitive Feasibility Study for the Agbaja Cast Steel Project in Nigeria."
I could be wrong @JordanL however, I believe the previously...
Add M4M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.0¢ |
Change
0.001(5.26%) |
Mkt cap ! $64.64M | |||
| Open | High | Low | Value | Volume |
| 1.9¢ | 2.0¢ | 1.9¢ | $49.44K | 2.542M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 4409695 | 1.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.0¢ | 1760535 | 4 |
View Market Depth
| Last trade - 11.46am 06/05/2024 (20 minute delay) ? |
|
|||||
|
Last
2.0¢ |
Change
0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 2.0¢ | 2.0¢ | 1.9¢ | 3505000 | ||
| Last updated 12.33pm 06/05/2024 ? | |||||
| M4M (ASX) Chart |