Yes the warrants are akin to a capital raising anyway so think they will wait and see with those like you say, especially with the gold price looking ok.
Even if they don't get warrant conversion I'm not sure it makes sense to aggressively issue more shares to pursue Yaoure when the market isn't ascribing it much value within the share price.
There does seem to be a bit of credit available for projects. WAF's debt deal was huge relative to market cap. CMM also able to get credit whereas I feel like 12 months ago it wouldn't have been possible.
PRU Target Price : 70 Cents, page-501
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Last
$2.50 |
Change
0.030(1.21%) |
Mkt cap ! $3.439B | |||
| Open | High | Low | Value | Volume |
| $2.53 | $2.57 | $2.49 | $9.943M | 3.949M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14473 | $2.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.50 | 16900 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| PRU (ASX) Chart |