Agy has $2.6m left with cash outflow $2m this quarter.
They will have to raise more money to conduct drillings. Their marketcap still abovr $125m
AVZ raising CR at the moment, cash will be enough for amother 6 months before they need more cash injection. Their marketcap from more than $400m dropped to $78m-100m.
LPI completed DFS, with more than $20m in the bank. Burning cash $2m a quarter.
financing and offtakes can taking place anytime soon and our marketcap sitting $61m.
The reason that other two companies value much higher because there are so many rerailers who got trapped at peak. They continue to hold and averaging down whilslt sophosticated investors ramping up.
our stock has so less volume as the register is very tight.
One thing I have learned, follow founders and directors as they have so much skin in the game. Forget about Martin. We still have the two biggest holders. They will do whatever to boost their wealth.
I am looking to average much more if it hits 20-21.5c again.
