The $40 million is at @speculator101 's estimate,'k not a fact or a figure stated by the company.
The. company had a May 2018 total upfront capital cost estimate of $131 million with $107 million just raised via debt funding, meaning the shortfall on upfront capital estimates is $24 million.
I wonder what effect the move to contract miners over "owning" the mining fleet will have on the upfront capital requirements for the project. Is it a move to try and reduce equity capital dilution? Esh
Ann: Quarterly Activities and Cashflow Report, page-19
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Last
$6.49 |
Change
0.050(0.78%) |
Mkt cap ! $2.397B | |||
| Open | High | Low | Value | Volume |
| $6.43 | $6.55 | $6.37 | $6.461M | 999.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2845 | $6.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.50 | 4682 | 3 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| CMM (ASX) Chart |
