They raised $8.23m (I assume before costs).
The proceeds of the Placement were used partly to repay debts of approximately
$3.57m to DCM DECOmetal GmbH and
$780k to Stirling Resources Limited.
Leaves around $3.8m is my guess.
$1.5m expected cash burn next quarter.
Commodity prices better be up next quarter and they better hit something. Given the people on board and given the cash they've put in, I think it's a good bet from this level.
They raised $8.23m (I assume before costs).The proceeds of the...
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.632M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $4.249K | 1.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 12498495 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 3331273 | 11 |
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| Last trade - 15.32pm 15/11/2024 (20 minute delay) ? |
| NTM (ASX) Chart |