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
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $39.15M |
Open | High | Low | Value | Volume |
3.3¢ | 3.6¢ | 3.2¢ | $116.6K | 3.374M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 500886 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 39560 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 500886 | 0.035 |
1 | 106006 | 0.034 |
1 | 208026 | 0.033 |
3 | 1077357 | 0.032 |
5 | 1206362 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 39560 | 1 |
0.037 | 248756 | 2 |
0.039 | 288198 | 3 |
0.040 | 78135 | 1 |
0.041 | 20000 | 1 |
Last trade - 15.59pm 28/06/2024 (20 minute delay) ? |
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