If you see a few decent size trades in rmp its likely me. i have been told from the horses mouth that Georgia news will be with us within a week. glad urn doing well
I don't know mate but listing costs will be 200k a year, legal costs, office costs, expenses, advisors, brokers. cash burn could easily be 600k a year at least.
I think u need to check your figures. wages need paying, listing costs, office costs. travel and money spent on due dilligence.....asta and any other company would raise money at 0.5p to move the company forward . asta won't have much spare cash now
At this stage of the game asta have no
potential until they get an asset or 2. Looks like this was pumped up to 4p. hope the next bit of news is good news for u
Yes i have had the same experience. Oil and gas is a risky area but investors are looking at risk again and raising funds is getting much easier. Asta will end up with a deal that does not look particular attractive as they are raising funds from a shell and have no other assets to make a cash call look attractive. the key here is that asta get some good deals to compensate for the big discount in any placing. gl
My trading on 2k backfired yesterday and the funding could be horrific here so i jumped into ujo who are drilling 1st of July and are fully funded. enjoyed the last week here