Well their logic for cap raising is to increase production to 130000 oz and for exploration. My impression was that this production target was to be funded from cashflow. Maybe I missed something but that is what my take was from previous presos n commentary. As for exploration well I think waiting for results would have made sense from both a potential share value position and to decide where exploration priority would be. The current announcement is designed to draw attention away from their performance and progress to self fund things. Let's some big players in cheap and gives management plenty of headroom. Pretty lazy. I sold out a while back and have been looking to reenter, the opportunity may be close but the value proposition is less compelling now.
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Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.11M |
Open | High | Low | Value | Volume |
14.5¢ | 14.5¢ | 14.0¢ | $19.01K | 134.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 54554 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.5¢ | 14055 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 54554 | 0.135 |
3 | 27509 | 0.130 |
2 | 37595 | 0.120 |
2 | 18181 | 0.110 |
1 | 8571 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.155 | 14055 | 2 |
0.160 | 37300 | 2 |
0.165 | 71956 | 3 |
0.170 | 10000 | 1 |
0.175 | 16889 | 3 |
Last trade - 15.43pm 30/08/2024 (20 minute delay) ? |
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