Agree with these comments, starting to look like we have a glimmer if hope.
The only way the share price will adjust to what it should be is when the remainder of the licence area is acquired, they will also need to do another capital raising. I cant see how the existing shareholders will be stumping up any more funding as they have been badly burnt. CEO and GEO have overpromised and undelivered. They need proper long term institutional support, any raising will water us all down but hopefully provide more trading in the shares.
New CEO, proper gold experienced GEO, some decent hits from drilling, and proper institutions on the register is the only way out of this.
Ann: Quarterly Activities Report, page-5
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Last
0.8¢ |
Change
0.001(14.3%) |
Mkt cap ! $3.252M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $1.865K | 242.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2703137 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 2518253 | 5 |
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| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| CMD (ASX) Chart |
