Gold MRE out - below expectations but okay and has room to grow with more drilling.
Nickel MRE still over due - B2 being added to increase size
Whats next? My understanding is that management are waiting to see what happens with SP before making next decision?
Clearly they will need to continue to drill the deposit to define it, cash at last presentation was around 8 Mil, spent 20 mil drilling so far and last raise was around 3-4 cash reserve so let’s say broadly they have 3-4 cash left before next raise with further exploration required.
So to deduce, management was hoping to ramp the SP in anticipation for MRE results but market is still apprehensive with talks of recession etc.
I honestly hope Management have what they say they have otherwise there is some serious misleading and share price dilution raising again between 6-8 cents
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Gold MRE out - below expectations but okay and has room to grow...
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Last
1.4¢ |
Change
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Mkt cap ! $18.13M |
Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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9 | 1454344 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.4¢ | 77278 | 1 |
View Market Depth
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9 | 1454344 | 0.013 |
8 | 1861000 | 0.012 |
10 | 1924465 | 0.011 |
11 | 1249996 | 0.010 |
4 | 313888 | 0.009 |
Price($) | Vol. | No. |
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0.014 | 77278 | 1 |
0.015 | 1686221 | 6 |
0.016 | 2834730 | 5 |
0.017 | 294117 | 1 |
0.018 | 257605 | 5 |
Last trade - 14.06pm 07/06/2024 (20 minute delay) ? |
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Last
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Change
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Open | High | Low | Volume | ||
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Last updated 15.33pm 07/06/2024 ? |
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