The company has a cash balance of $118M
The company has spent $95M on exploration
Even if for some reason IAU lose their contractual interest in the asset (and I am hoping that they don’t), it is most likely the JV partner will have to make good the exploration expenditure (and possibly some interest).
$118 + $95 = $213M > $199M (current mkt cap).
The company has a cash balance of $118MThe company has spent...
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Last
30.3¢ |
Change
0.008(2.54%) |
Mkt cap ! $174.1M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.3¢ | 30.0¢ | $12.41K | 41.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16037 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 122319 | 19 |
View Market Depth
| Last trade - 11.25am 10/09/2024 (20 minute delay) ? |
| A1M (ASX) Chart |