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
36.0¢ |
Change
0.070(24.1%) |
Mkt cap ! $68.52M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 37.0¢ | 30.5¢ | $224.2K | 676.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4763 | 34.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 45094 | 2 |
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| Last trade - 12.02pm 13/05/2024 (20 minute delay) ? |
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Last
37.0¢ |
Change
0.070 ( 34.6 %) |
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| Open | High | Low | Volume | ||
| 31.5¢ | 38.0¢ | 31.0¢ | 141548 | ||
| Last updated 11.51am 13/05/2024 ? | |||||
| E25 (ASX) Chart |