Yes it is true
if the team running this company could have made lowPh work they could have produced at a profit and serviced the debt, then there would have been no need for the capital raising
as it was they failed in their own set time line to make low Ph work and were left with no choice but to call on shareholders to kick the can in order to repay the debt - which because of their own failings the company could not service from non existent cashflow
Rick Rule`s case for uranium breakout, page-18
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Last
6.2¢ |
Change
-0.021(25.3%) |
Mkt cap ! $197.6M | |||
| Open | High | Low | Value | Volume |
| 7.6¢ | 7.6¢ | 6.1¢ | $8.401M | 126.7M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 2735758 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 494493 | 5 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| PEN (ASX) Chart |