Bit of a cash problem also:
Cash balance at 31/12 = $11.5m
Less projected Qrtly spend of ($5.7m)
Less CBA debt due 'end of March' of ($5.3m)
That leaves STX heading into 1 April with $500k in the bank with WE to drill, Jaws to continue and Corporate to feed.
They are sweating on renegotiating the CBA debt I suspect, otherwise another cap raise is on the cards.
Even if the CBA debt is renegotiated, things could get really tight around May/June once WE commenced.
Bit of a cash problem also: Cash balance at 31/12 = $11.5m Less...
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Last
20.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $644.7M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.3¢ | 20.0¢ | $741.8K | 3.578M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 968233 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 751052 | 8 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| STX (ASX) Chart |
