Might look at re-entering post recapitalisation and if there's subsequent weakness in SP/MC depending on terms and cash runway to support activities
It's a real shame the original design and engineering were completely reworked, timelines blown out and MS left. They did explain there was significant technical risks but the original DFS won best technical study by the mining journal and with borate prices at ~$1,700 a tonne even a moderate opex overrun would have been a non issue. Analyst reports were consistently bullish too.
GLTAH
5EA set to skyrocket, page-1365
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $73.38M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 22.0¢ | $11.69K | 52.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29953 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 606 | 2 |
View Market Depth
| Last trade - 13.54pm 05/06/2024 (20 minute delay) ? |
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Last
22.0¢ |
Change
-0.005 ( 2.33 %) |
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| Open | High | Low | Volume | ||
| 22.5¢ | 22.5¢ | 22.0¢ | 7567 | ||
| Last updated 13.52pm 05/06/2024 ? | |||||
| 5EA (ASX) Chart |