I reckon the Board will be dead keen to avoid raising more capital. Walyering cashflow is possibly less than 12 months off, with WE maybe just 12 months later. Yes, we receive just half of each income stream, but we share the costs, too.
The strategy is becoming clearer daily. It would be a brave punter now to bet against a big resource being declared at SE and once that’s done, Haber is a lock. I doubt we’d raise capital to help fund that; more likely our share in the equity will be fully borrowed.
I could be wrong, but I reckon this week’s firm SP growth is simply the market responding to the flow - pun intended - of good news, rather than a pre-CR pump. Hard not to see this at 40 cents by month’s end.
OOO
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Last
22.3¢ |
Change
0.003(1.14%) |
Mkt cap ! $637.5M |
Open | High | Low | Value | Volume |
22.5¢ | 22.5¢ | 22.0¢ | $101.5K | 455.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 837287 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
22.5¢ | 1296293 | 16 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 836523 | 0.220 |
22 | 1410369 | 0.215 |
25 | 1397394 | 0.210 |
15 | 836634 | 0.205 |
36 | 2090463 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.225 | 1296293 | 16 |
0.230 | 2532783 | 26 |
0.235 | 4274260 | 22 |
0.240 | 2469087 | 18 |
0.245 | 1553035 | 26 |
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