Exactly didn't want to raise that.
778 mill shares already.
With raising likely to cross 1 mill mark.
What comes next?
Share consolidation!
But I am only making suggestions.I don't really have a clue as to their next move,but after researching I think they will need more cash, which won't be an easy task atm,but I'm sure they will be up to it,and it should fly if they can pull it off.
Remembering, with full ownership they will be making more money once in production.They should be able to start with a very small crew initially and bring in more when ramping up to full production and aim to become cash flow positive within 3-4 months of production.
More reading
http://www.resourceinvestor.com/pebble.asp?relid=40077
http://www.mineweb.com/mineweb/view/mineweb/en/page674?oid=45701&sn=Detail
Exactly didn't want to raise that.778 mill shares already.With...
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Last
13.5¢ |
Change
0.010(8.00%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 13.3¢ | 13.5¢ | 13.0¢ | $1.169K | 8.898K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 222192 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
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| Last trade - 15.57pm 29/07/2024 (20 minute delay) ? |
| FML (ASX) Chart |