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
30.0¢ |
Change
-0.025(7.69%) |
Mkt cap ! $65.25M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.5¢ | 30.0¢ | $65.75K | 208.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 21615 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 4040 | 1 |
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| Last trade - 15.57pm 16/05/2024 (20 minute delay) ? |
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Last
31.0¢ |
Change
-0.025 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 32.0¢ | 32.0¢ | 31.0¢ | 47736 | ||
| Last updated 15.56pm 16/05/2024 ? | |||||
| E25 (ASX) Chart |