With less that 1M dollars in the box and around 5M dollars cash burn per year, new money will be needed very soon.
I am predicting a 4 to 5 million CR at 20 cents (11 pence).
They will also need money for the DFS in 2019 that shouldn't be less than another 5 to 10 million.
Some how this will see 15 cents (8.5 pence) within H1 2019, at which level a position should worth the risk.
New Capital Raise Needed ASAP.
-
- There are more pages in this discussion • 27 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
18.5¢ |
Change
0.010(5.71%) |
Mkt cap ! $38.37M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 18.0¢ | $37.31K | 204.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17289 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 17437 | 2 |
View Market Depth
| Last trade - 15.36pm 15/10/2024 (20 minute delay) ? |
| EMH (ASX) Chart |