No credible info regarding costs has been released(to my knowledge).Until the full BFS is released and digested the market will rightly keep its distance.
In my opinion assuming a positive BFS AIM will turn to the London AIM market along with Europe for funding.
I make this assumption for the following reasons...
1 ,Why else would AIM have listed on the London market?. AIM(the market) is noted for being more sympathetic to all things African than its Australian counterpart.
2,The $ figures being touted would be relative "small change"to Europe especially if any Sovereign risk is minimized via a consortium.
re:huge capital raising?.
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Mkt cap ! $73.08M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 35.0¢ | 34.0¢ | $20.92K | 59.79K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 4 | 241879 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 35.0¢ | 129614 | 5 |
View Market Depth
| Last trade - 15.32pm 16/05/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
| 34.0¢ | 34.0¢ | 34.0¢ | 8300 | ||
| Last updated 10.48am 16/05/2024 ? | |||||
| AIM (ASX) Chart |