surprised this is not already a lot higher, bought in today. I guess the market is concerned about the CR needed for development. Based on reports they can debt finance upto $70million. I would say they would be looking at another $25million minimum in equity raising which would be well supported now. I am hoping for a rights issue to top up. A month ago things were looking grim to raise cash, today its a completely different story.
For a potential 200,000 ounce pa producer this is a great story, exploration success is the key of course to outperformance which is why they would want another $10million for exploration this year to really build on the resources and prove up another few years of production
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surprised this is not already a lot higher, bought in today. I...
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Last
$1.30 |
Change
0.020(1.57%) |
Mkt cap ! $1.433B |
Open | High | Low | Value | Volume |
$1.28 | $1.30 | $1.27 | $5.116M | 3.963M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 63368 | $1.28 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.30 | 21923 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 63368 | 1.280 |
1 | 17112 | 1.275 |
5 | 103252 | 1.270 |
1 | 50256 | 1.265 |
3 | 15622 | 1.260 |
Price($) | Vol. | No. |
---|---|---|
1.295 | 21923 | 2 |
1.300 | 104166 | 3 |
1.305 | 54980 | 2 |
1.310 | 145892 | 9 |
1.315 | 38793 | 2 |
Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
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