Recent announcements weren’t getting traction because everyone anticipated a raise coming. They can’t run down to their last dollar because if something unpredicted happens in the sector or market, things all change rapidly and the whole company could go up in smoke.
Management have made the right choice and if anything, should have raised earlier. As soon as they get this out of the road they will be funded and we are set to see new highs and get into the teens. The funds and sophisticated investors aren’t here for 20% and most don’t just flip like small retail investors.
Good result and we have high grade cobalt, copper, nickel and the Tolga factor!! Now enough money also..
What more can we want for except a little share price and market cap appreciation...
Recent announcements weren’t getting traction because everyone...
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $199.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 9.9¢ | $938.1K | 9.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 355082 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 1968992 | 30 |
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| Last trade - 14.57pm 31/07/2024 (20 minute delay) ? |
| MEI (ASX) Chart |