Newbie question but we were all newbies once. They raise money through a capital raising, which is an offer to private investors for new shares at a price, often a discounted price. This is how most explorers raise cash until they find something someone wants to buy or enter into a JV with farm in rights (less common). In my view this explorer is good with cash burn. Some become miners.
Might be time to take a look.., page-6
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Last
72.0¢ |
Change
0.035(5.11%) |
Mkt cap ! $161.9M | |||
| Open | High | Low | Value | Volume |
| 70.0¢ | 73.5¢ | 69.0¢ | $4.165M | 5.797M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 65086 | 71.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 63000 | 2 |
View Market Depth
| Last trade - 14.35pm 27/11/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |
