In all honesty, I look at the chart and see where the price was before the anticipation of the election and the SP was sitting sub 20's. That is where I believe it is headed back too.
I have thought long and hard about this one.
In regards to cap raising, I wouldn't see any need for more funds at this stage. They will be working on the feasibility study, they've spent a lot on drilling already.
I reckon the options will be in the money in 2011 so they'll have funds from that. If they get a mining licence, a cap raising might be on the cards in 2011..
In all honesty, I look at the chart and see where the price was...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ETM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.08M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 2.0¢ | $1.063K | 53.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1947895 | 2.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.1¢ | 200000 | 1 |
View Market Depth
| Last trade - 11.05am 24/07/2024 (20 minute delay) ? |
| ETM (ASX) Chart |