Further results released today continue to extend excellent gold grades at shallow depth. Company believes they need to drill a little deeper to intersect the main high grade shoot and have set this as a priority.
Company has secured a loan from a shareholder to continue exploration work at Barlee and Kyrgistan. This is good news as it means they will not need to do a placement at current depressed prices. Kyrgistan has some of the richest gold deposits in the world and could really put a rocket under this extremely low cap stock.
With anticipation of placement no longer weighing on the share price and further drilling the price could now lift closer to 20 cents before doing a placement to repay the loan.
von.
new results today
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Last
2.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $93.91M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.6¢ | 2.5¢ | $2.388K | 94.25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1929133 | 2.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.6¢ | 416970 | 4 |
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| Last trade - 15.06pm 21/06/2024 (20 minute delay) ? |
| BCN (ASX) Chart |