MBK management with significant skin in the game (shares paid for) have methodically taken shareholders to the cusp of major diamond drill hole that could prove up a major gold resource.
Regardless of anxious traders or low grades at surface the geology and IP modelling has thrown up this spectacular target.
If the hole is a success, the share price could head towards 10 cents, if it fails, we are back 1.9 cents where you would buy everything in sight.
The relaxation of the national park buffer zone has opened up the potential for similar targets which provides an upside case for the Triumph gold project of +2 million ounces.
So either way I believe shareholders are in with a huge chance of a windfall profit regardless of the outcome of this hole.
Management are to be applauded for their courage and conviction in drilling this hole.
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Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.2M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 2.0¢ | $1.431K | 71K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 46707 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 18 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 46707 | 0.020 |
1 | 100000 | 0.017 |
1 | 50000 | 0.015 |
1 | 1300 | 0.014 |
1 | 1300 | 0.013 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 18 | 1 |
0.022 | 8939 | 1 |
0.023 | 27814 | 1 |
0.030 | 6000 | 1 |
0.033 | 1313 | 1 |
Last trade - 14.30pm 03/05/2024 (20 minute delay) ? |
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