Not sure exactly how much cash they have now but $3.2 million dollars can last them many quarters if they choose to postpone spending on exploration/development. The directors contributed 20c per share during the previous quarter and I don't think they will be happy to raise money at the current share price?
'During the Quarter, the Directors exercised a total of 1.9 million options with a 20 cent exercise price, contributing $380,000 to the Company'
The MD put $2 million at 16.5c per share. I would like to think that he will continue to support the company as a significant shareholder.
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Not sure exactly how much cash they have now but $3.2 million...
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Last
6.3¢ |
Change
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Mkt cap ! $24.75M |
Open | High | Low | Value | Volume |
6.1¢ | 6.6¢ | 6.0¢ | $41.7K | 668.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 80283 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 80283 | 0.063 |
1 | 200000 | 0.059 |
2 | 295824 | 0.058 |
1 | 198888 | 0.057 |
1 | 100000 | 0.056 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 20000 | 1 |
0.066 | 100000 | 1 |
0.067 | 28500 | 1 |
0.068 | 1100 | 1 |
0.069 | 25000 | 1 |
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