Either way this is good for long term holders.
Trading halt for CR usually relates to underwritten CR. At current MC of 9mil, they only need about 15% of the capital to land a drill, not much dilusion here. A rights issue wont even cause dilusion if you participate.
A JV could even be better.
trading halt :d, page-7
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Mkt cap ! $3.834M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 497683 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 450000 | 1 |
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