They may have enough for a decent drilling campaign if they get the SP well into the green for option holders and then there are other factors that could come into play like a potential partnership?
Any cash from the Scandinavian sale (which off memory the initial cash allotment wasn’t a lot but could come as early as late March)
Issuing of shares for services (one company did this with a drilling company recently instead of paying cash)
So a lot of probabilities as to why a CR may not even be needed for a decent drilling campaign...
Time will tell I suppose, but for now, it’s just a matter of waiting for the next lot of news I think...
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Mkt cap ! $10.90M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
69 | 66381065 | 0.2¢ |
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Price($) | Vol. | No. |
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0.3¢ | 21034474 | 28 |
View Market Depth
No. | Vol. | Price($) |
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69 | 66381065 | 0.002 |
26 | 54188840 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 21034474 | 28 |
0.004 | 25611064 | 26 |
0.005 | 14241688 | 14 |
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