GTE 11.9% 6.6¢ great western exploration limited.

spasskaya copper field, page-102

  1. 26,598 Posts.
    lightbulb Created with Sketch. 4533
    Don't see what's wrong with a simple overdraft myself. Capex this year is minimal. Anyway, if funds need to be raised I don't think it would be contemplated until SP is well into 30s.
    Another question while we wait, maybe for ddzx who seems to know these sort of things better than most - how long do you think the initial drilling campaign will last? And how long before the first results? Given the preparatory work with trenching, I imagine they know exactly where they need to target to bring in a couple of "spectacular" market attention grabbing announcement... so would it be better to wait until that point (maybe we are 50 or 60c, who knows...) before contemplating raising funds... don't know the answers myself, just posing the questions...

    and I wonder when UBS will decide there is enough on the sell side to make it worth their while having another buy up? I saw a couple of sell orders taken off this morning, but there's one decent sized chunk there... I wonder exactly what is making them tick?
 
watchlist Created with Sketch. Add GTE (ASX) to my watchlist
(20min delay)
Last
6.6¢
Change
0.007(11.9%)
Mkt cap ! $22.96M
Open High Low Value Volume
6.1¢ 6.8¢ 6.1¢ $113.3K 1.752M

Buyers (Bids)

No. Vol. Price($)
5 462861 6.5¢
 

Sellers (Offers)

Price($) Vol. No.
6.6¢ 84075 2
View Market Depth
Last trade - 15.54pm 15/05/2024 (20 minute delay) ?
Last
6.6¢
  Change
0.007 ( 4.76 %)
Open High Low Volume
6.4¢ 6.8¢ 6.4¢ 279090
Last updated 13.08pm 15/05/2024 ?
GTE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.