The market didn't like the original deal and was hoping for the LI asset to be sold to raise cash, instead we opted for the partnership/earn in and got sold down to 7c. Now we have neither so hence the outcome, i will balance that with it is only $50K of sales today, so it is more a lack of buying interest.
The other thing of note was that the timeline for the final scoping study has gone from "early this quarter" to "this quarter" in the cash report. That doesn't help and short termers look elsewhere. So, in the short term we are reliant on the overall U Price negatively balanced out by the fact the stock is so under the radar it is a hindrance.
We need the Scoping Study ASAP, a new MD ASAP with clarity provided around direction and cash. Once we get that in conjunction with the Bull market for U this thing will fly.
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Last
4.6¢ |
Change
0.004(9.52%) |
Mkt cap ! $8.236M |
Open | High | Low | Value | Volume |
4.6¢ | 4.6¢ | 4.6¢ | $354 | 7.688K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 33657 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.6¢ | 18195 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 33657 | 0.042 |
2 | 36586 | 0.041 |
4 | 249990 | 0.040 |
1 | 25000 | 0.039 |
1 | 50000 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.046 | 18195 | 1 |
0.054 | 33268 | 1 |
0.055 | 100000 | 1 |
0.066 | 5686 | 1 |
0.070 | 200000 | 1 |
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