Thanks for the heads up there Iwonder! So a new loan facility with later maturity date or a Capital Raise early in 2018 may be required to repay the $6M loan unless the farm-in option is triggered first...... Current Market Cap is $56M so a 1 for 10 capital raise would go most of the way. A 1 for 5 would raise (at current price) enough cash to wait a few years for U price recovery as demand and supply curves cross around 2020-22.
Ann: Quarterly Cashflow Report, page-5
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Last
26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $25.25M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 24.5¢ | $87.57K | 347.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1200 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 54999 | 1 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| TOE (ASX) Chart |
