We had $1.7M cash as at last quarterly, with forecast spend of $700K
Meaning by end of Dec quarter, we will be down to roughly $1M
We've seen field results fall on deaf ears up to date, so I genuinely only think for whatever strange reason, the market will only rerate this once we drill
I'm hoping management do right by shareholders and dont tap institutions for easy capital now. Make them wait, conserve cash, getting some drilling funded with what we have and get those 1c options into the money to self fund the company
There is zero excuse for management to get lazy and do a CR here. Absolutely ZERO
SW2/11 tenement application, page-33
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Last
51.5¢ |
Change
-0.010(1.90%) |
Mkt cap ! $255.8M | |||
| Open | High | Low | Value | Volume |
| 51.0¢ | 51.5¢ | 50.0¢ | $203.2K | 398.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15796 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.5¢ | 11446 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| CTM (ASX) Chart |