No, that amount will not be required in the next 6 months and if so, a much smaller amount (hopefully) at a much higher share price.....hence less dilutive.
You think you'll get shares cheaper as a result? Youe are ignoring the fundamentals of the company and the gold price imo!
Further, once again imo, PRU will be gobbled up well before any plant is built.
Finally, have you not heard of project finance?!
A tad more DD is required by some.....
share capital raising required next 6 months, page-2
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Last
$2.73 |
Change
0.090(3.41%) |
Mkt cap ! $3.750B | |||
| Open | High | Low | Value | Volume |
| $2.72 | $2.75 | $2.70 | $17.12M | 6.284M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 11100 | $2.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.73 | 154758 | 7 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| PRU (ASX) Chart |