You may be right in that its harder to work than they hoped. Company had stated should be sorted by June 18. The mezz at the size they have stated is largely only supported by tax breaks from setting up in Johor. There may be an issue/conflict with the streaming as a streaming deal is essentially selling future cash flows. If one or the other has to be scaled back or dropped, last resort is raising equity: a decent chunk relative to the current mcap.
SP Predictions once Finance is closed, page-8
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Last
5.8¢ |
Change
-0.011(15.9%) |
Mkt cap ! $112.2M | |||
| Open | High | Low | Value | Volume |
| 6.5¢ | 6.5¢ | 5.5¢ | $745.0K | 12.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 134867 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.9¢ | 202719 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| ATC (ASX) Chart |