The major equity raising is supposed to be a debt reducing measure...
Note the mine is already producing and cash generating. There is such thing call debt " refinance " or "reschedule " as we all know.
Quite certain there will be win win situation as the Japanese will want their money back.
I believe by now David will have the sum worked out ( being a finance man by training )
Happy Investing.
The major equity raising is supposed to be a debt reducing...
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Last
18.0¢ |
Change
-0.005(2.70%) |
Mkt cap ! $23.19M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 17.0¢ | $49.09K | 274.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 100294 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 10000 | 1 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| SUM (ASX) Chart |
