Yep, massive cash balance means no raising anytime soon.
It also means downside from here is limited, while upside could easily be a few bags with upcoming news flow.
I'm sure they'll get some geologists on the ground over the next few days/weeks for pictures of conglomerates and perhaps detect for nugget zones.
Any news in relation to what I've just mentioned would see us trade well above 50 cents.
I'm accumulating shares here for the long term.
Ann: West Pilbara Gold Project- New Drilling Programs to Commence, page-17
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Last
$1.37 |
Change
0.025(1.87%) |
Mkt cap ! $571.8M | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.37 | $1.31 | $2.349M | 1.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6763 | $1.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.37 | 1808 | 2 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| CHN (ASX) Chart |
