Had a lengthy conversation with Jon yesterday. A few take away points:
- Last 2 trading days had lots of sell off from a particular holder. Sell off is done (circa of 5 mil shares). The individual sell off was taking place across a few companies concurrently from my understanding.
- Lots of delays with lab processing right now. Turn around time can be up to 10 weeks which is insane!
- Knowing what he knows about the company, he would have purchased on market but he cant because of obvious legal reasons
- Some news coming up next week or week after about resource/reserve update? ( i believe it is for Crake and Coote)
- They will look to finalise financing next quarter
- Will look into cap raise in the mid 20's to finance the new mill
- Considering to do toll milling for the Cannon project to get some more free cash flow
- They are doing quite a bit of PR presentations to get the word out
- He is super excited and confident about the company's future
Good luck to all holders.
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Last
4.4¢ |
Change
0.003(7.32%) |
Mkt cap ! $49.21M |
Open | High | Low | Value | Volume |
4.2¢ | 4.4¢ | 4.1¢ | $8.234K | 193.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19000 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.4¢ | 108134 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19000 | 0.042 |
3 | 92875 | 0.041 |
6 | 2568564 | 0.040 |
4 | 526063 | 0.039 |
5 | 201000 | 0.038 |
Price($) | Vol. | No. |
---|---|---|
0.044 | 108134 | 1 |
0.045 | 20000 | 1 |
0.047 | 200000 | 1 |
0.048 | 5143 | 1 |
0.049 | 450760 | 2 |
Last trade - 14.32pm 05/09/2024 (20 minute delay) ? |
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