I wouldn't stress too much about a cap raise. The cash situation is not a secret- this company is the most conservative I have ever known with their spending, especially director remuneration.
Directors are all major shareholders and will not want to screw shareholders over. We are funded until FID. I have no doubt that offtake agreements will follow closely on the heels of the DFS and any near term capital raise required will be both conservative and priced fairly.
Commodities are down across the board and this is unfortunate timing for us in the lead up to the DFS. Too many good things about this company to stay on the sidelines IMO. I am hoping to free up some cash next week to buy more.
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Last
5.8¢ |
Change
0.002(3.57%) |
Mkt cap ! $32.63M |
Open | High | Low | Value | Volume |
5.8¢ | 5.8¢ | 5.8¢ | $1K | 17.24K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 148189 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.0¢ | 22135 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 148189 | 0.055 |
1 | 54427 | 0.054 |
1 | 346000 | 0.052 |
1 | 189000 | 0.049 |
1 | 100000 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.060 | 22135 | 1 |
0.063 | 180676 | 2 |
0.066 | 80645 | 1 |
0.069 | 136103 | 2 |
0.074 | 100269 | 1 |
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