Agree $170k is small change in this business.This is purely survival money which imo is what the last two cap raises have been .
If S32 do run for cover $170k will not fund a decent drilling campaign even if they do eventually secure the permit to do so. Many junior explorers are in the same boat ( great discovery with huge potential upside ) (downside no money to drill with the risk of scuttling the company if they dust ). So only two options are on the table imo allow a takeover or jump into bed with a sugar daddy. THE BUZZARDS ARE STILL CIRCLING
Ann: Placement, page-27
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0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.066M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.7¢ | $7.503K | 1.071M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3001969 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1206145 | 2 |
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| Last trade - 10.51am 26/11/2024 (20 minute delay) ? |
| ICG (ASX) Chart |
