The market is expecting a CR and so am I. A CR at this time is not going to impact anything. In fact - I think it will be more welcomed by the market.
CR to raise a $5 - $10M to strong supportive hands is what is needed to get at least two rigs out there with a decent drilling meterage. I think this will happen after the first couple of drill holes are completed if they see more visible spodumene.
Those worried about Next Investors - they appear to have come in from the IPO days @ 20c. I doubt they will have any impact on this play at this stage considering SLM has managed to acquire a very highly potential project.
SLM Megathread, page-6
- There are more pages in this discussion • 633 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 SLM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
11.0¢ |
Change
-0.010(8.33%) |
Mkt cap ! $8.904M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $12.25K | 108.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 40496 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 101847 | 3 |
View Market Depth
| Last trade - 12.41pm 22/05/2024 (20 minute delay) ? |
|
|||||
|
Last
11.5¢ |
Change
-0.010 ( 4.55 %) |
||||
| Open | High | Low | Volume | ||
| 11.5¢ | 11.5¢ | 11.5¢ | 9167 | ||
| Last updated 11.20am 22/05/2024 ? | |||||
| SLM (ASX) Chart |