Company need to put down a few mill I imagine for equipment if they are going to producing in qtr 4 fY21.
I would imagine say 5-10m then debt fund the rest.
hoping to get some more of the raise is at 40c if there is a SPP.
Raising now guarantees they will be producing next year. I bought in at 46c on offtake MOU.
this will be $1 plus come this time next year IMHO.
cheers
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $45.08M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 20.5¢ | $16.09K | 77.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 108296 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 58667 | 1 |
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| Last trade - 15.58pm 10/07/2024 (20 minute delay) ? |
| E25 (ASX) Chart |