This company is of interest to me. ~180m SOI and reducing cash outflow. Probably enough cash to keep them going for another 1 year or so and they're pretty tight on managing spending.
Not giving management inflated salaries.
I can't seem to find when they're expecting to announce drill results though.
Run by a Chinese board which will make finding buyers pretty good, and won't be any language communication issues when getting into finalising the terms of the deal.
At a $4.5m MC, I'm going to give this a punt once I get a chance to crunch some numbers further.
This company is of interest to me. ~180m SOI and reducing cash...
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Last
1.7¢ |
Change
-0.003(15.0%) |
Mkt cap ! $12.19M | |||
| Open | High | Low | Value | Volume |
| 2.0¢ | 2.0¢ | 1.7¢ | $47.52K | 2.606M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1471404 | 1.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.8¢ | 1106429 | 4 |
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| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| ZEU (ASX) Chart |