Kind of a win-win. Farm-In should mean any more CR's/dilution are not required, CVV clear debt and funding secured. FQM own under 6% of the company and a 50.1% stake in Calingiri. Probably won't see much SP movement for a few quarters. Management have done well being frugal in this project. How they burn through $3.6m in a few years will be interesting
Ann: Caravel Signs Definitive Farm-In Agreement with Major, page-3
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Last
19.0¢ |
Change
0.005(2.70%) |
Mkt cap ! $76.02M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 18.5¢ | $68.02K | 361.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32184 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 31826 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| CVV (ASX) Chart |
