That's a lovely story but there will be a market for SC6. It is not easy to produce SC6 ask NAL, CXO or PLS for that matter. There is a long road to go for GT1 to produce SC6 with many problems and capital raises to come. If they have some luck with the drill bit, time their capital raises right, get their permits in line they may be one of the few that makes it to mining. If this unlikely event happens those suckers who put up the capital need some return.
To have the arrogance to think they can raise an additional 1B and build a LiOH conversion plant at this point makes me see red. Sure keep the "dream" as a slide at the end of the presso but no more cash burn to consultants, buying land etc. Capital raises like this destroy shareholder trust.
- Forums
- ASX - By Stock
- Ann: Flow-Through Share Funding Raises A$14.6M
That's a lovely story but there will be a market for SC6. It is...
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GT1 (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.5¢ |
Change
-0.001(1.32%) |
Mkt cap ! $24.13M |
Open | High | Low | Value | Volume |
7.6¢ | 8.0¢ | 7.3¢ | $124.7K | 1.617M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 121670 | 7.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.8¢ | 28316 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37 | 0.079 |
1 | 121671 | 0.075 |
1 | 19698 | 0.074 |
4 | 100917 | 0.072 |
2 | 127676 | 0.071 |
Price($) | Vol. | No. |
---|---|---|
0.069 | 8514 | 1 |
0.070 | 2729 | 1 |
0.078 | 28316 | 1 |
0.079 | 12658 | 1 |
0.082 | 53217 | 1 |
Last trade - 16.10pm 12/06/2024 (20 minute delay) ? |
|
|||||
Last
7.7¢ |
  |
Change
-0.001 ( 1.28 %) |
|||
Open | High | Low | Volume | ||
7.6¢ | 8.0¢ | 7.5¢ | 275541 | ||
Last updated 15.53pm 12/06/2024 ? |
Featured News
GT1 (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham, CEO
James Graham
CEO
SPONSORED BY The Market Online