We are not exactly in a prime position either, really need some massive drill results and great offtake deal to get us to 50c if there is going to be any CR to fund part of the construction costs. Banks may be skittish to lend $300 million to a miner whos resource is tanking, has no proven record of production when one mishap could be disaster for the mine like a collapsed wall etc or other left field event.
Will offtake partners be happy to fund up some of the contruction costs by a loan? Maybe we need to sell 25% of the project for $400 million? Which would also push out SP up a lot as valued us at $1.6 billion there.
We are not exactly in a prime position either, really need some...
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Last
23.5¢ |
Change
0.005(2.17%) |
Mkt cap ! $658.8M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 22.5¢ | $1.695M | 7.226M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 404558 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 468997 | 13 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
24.0¢ |
Change
0.005 ( 4.39 %) |
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| Open | High | Low | Volume | ||
| 23.0¢ | 24.0¢ | 23.0¢ | 2838546 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| LRS (ASX) Chart |