Yes it is all very nice to have these JVs, but with a $20 million farm in cost as an explorer in these times, it is perhaps extending shareholder patience a bit.
Bigger by JV is not the way forward for a minnow explorer I suspect, and raising capital to pay for $20 farm-in at current 11 to 12 cents share price might be downfall in times to come.
CYU you need some production behind you
amok
Yes it is all very nice to have these JVs, but with a $20...
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.230M | |||
| Open | High | Low | Value | Volume |
| 0.5¢ | 0.5¢ | 0.5¢ | $10.67K | 2.135M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 1901420 | 4 |
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| Last trade - 14.05pm 27/09/2024 (20 minute delay) ? |
| AKN (ASX) Chart |