I really like how Jeremy presents in a calm and down to earth manner, too often see other directors being over zealous and you'll see comments on here like "did you see how he was smiling, he wanted to say but couldn't".
Jeremy says it straight, but the one thing I will comment is the mention of in person meetings with investors, I imagine there will be a credit raise in the coming weeks prior to the assays released that will potentially bring on a new cornerstone investor and provide funds to push through to the next level. Purely speculation on my part, but it makes strategic sense as that $4m cash will be depleted a little with the latest drilling of Phase 1 and the next Phase 2, so strike whilst the iron is hot and raise more cash for Q4 and 2024 drilling across the other tenements as well.
Last time they raised without a discount, but it was pushed down to the 1c level from 1.4/1.5c a week earlier....I imagine a raise around 1.5c for another $4m could be on the cards, maybe more ($) depending on the results to come or parties interested.
Just speculating, they might do so after the results come out which would be even higher share price, but so often we see a raise just before results.
Let's see what happens.
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I really like how Jeremy presents in a calm and down to earth...
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0.8¢ |
Change
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Mkt cap ! $6.995M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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18 | 18121790 | 0.007 |
11 | 7270140 | 0.006 |
4 | 2500000 | 0.005 |
7 | 5327500 | 0.004 |
Price($) | Vol. | No. |
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0.009 | 1733448 | 3 |
0.010 | 2795756 | 10 |
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0.012 | 948460 | 2 |
0.013 | 330000 | 1 |
Last trade - 15.58pm 30/06/2025 (20 minute delay) ? |
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