Mgt, have got no hope of getting a bank to give them 500m. Banks want deposits, so mgt will need to raise 200m from investors to get a look in. Dilution is the only way, otherwise this will continue to be an explorer. An irr of 15 to 30% is very average.
I just can't see this mine getting off the ground, if it does the managers should get statues made at the mine site. Thats how good they are
WHERE IS MGT GETTING ITS 572 MILLION FROM, page-309
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Last
14.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.72M | |||
| Open | High | Low | Value | Volume |
| 14.3¢ | 14.5¢ | 13.5¢ | $19.83K | 137.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23592 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 76869 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MGT (ASX) Chart |