While the bigger end of the towns tides out pre-earnings blackouts, small caps are making the most of ASX’s green days and fronting investors with cash calls.
was raising $6 million via Canaccord Genuity and Euroz Hartleys for its flagship Antler project in Arizona.
New World’s scoping study said Antler would have an initial mine life of 10 years, during which it would produce 271,240 tonnes of copper-equivalent metal-in-concentrates. Its advised a US$201 million capex, US$2 billion revenue and US$952 million free cashflow over the 10 years.Advertisement
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