I only draw areas of contention on the chart - I was hoping we didn't get this low either mate. But with the continual lack of progress, something had to give. We're past the point of discovery/exploration 'sky is the limit' phase and now reliant on hard numbers. When they don't come through with progress that will add to the future balance sheet - as we've seen with other majors - share price takes a hit.
They really need to get the announcement out where they've fixed the 2ktpa bottleneck and continuous production is happening at a rapid rate. They really need to get the feasibility study completed and released (I know their estimation is next year completion). They're excruciatingly slow with progress on things that are in their own control. As frustrating as it is, it's really no surprise.
"I’m still holding onto hope that plant commissioning will get sorted before a cap raise is required. Hopefully for all our sakes that can be avoided."
This would be a disaster if they have to resort to another CR before plant commissioning and financing/offtake done. As incapable as they've been in the past, I refuse to believe they would let it get to that
IMO
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Last
3.7¢ |
Change
-0.001(2.63%) |
Mkt cap ! $53.86M |
Open | High | Low | Value | Volume |
3.8¢ | 3.9¢ | 3.7¢ | $114.4K | 3.011M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 2414158 | 3.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 13152 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 2414158 | 0.037 |
28 | 3007392 | 0.036 |
31 | 2831726 | 0.035 |
9 | 1320292 | 0.034 |
8 | 1345000 | 0.033 |
Price($) | Vol. | No. |
---|---|---|
0.038 | 13152 | 1 |
0.039 | 804481 | 2 |
0.040 | 748729 | 3 |
0.041 | 1060602 | 8 |
0.042 | 1983780 | 8 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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