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571 Posts.
184
10/03/23
11:00
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Well did not even know it was funded, because shareprice has been steady.
Combined equity raising to raise up to circa $39.0 million at a price of $0.053 per share = 736 million shares. I see 1.22 Billion shares before??
If so now 1.958 billion and $103 million mkt cap at sale price of .053, is that right?
Seem super cheap considering they have $200 million of equipment NPV OF A$165m and they should be able to mine double what is in plan.
Do I have it roughly right?
The lack of debt means very safe investment.
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