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Investors back off from exploration in 2019

It was a lacklustre year for new floats in Australia and there were just a handful of successful new explorers completing initial public offerings, as investors shied away from risky exploration ventures, with many failing to make the grade and convince investors to open their wallets.

Investors back off from exploration in 2019 Investors back off from exploration in 2019 Investors back off from exploration in 2019 Investors back off from exploration in 2019 Investors back off from exploration in 2019

2019 offered slim pickings for junior company investors

Among those companies were a mix of private explorers and project aggregators, spending millions of dollars in compliance-related funding to try to get funding for exploration, including Murray Basin