Hi 5to12:)
No doubt they made a huge mistake paying too much for Allied Gold with cash and diluted equity.
I do agree with you on the shocking high production cost for Gold Ridge (Solomon). Simberi(PNG) is barely profitable. A legacy of AG. An other 8 months (Q4) will tell us if they can meet the cost reduction strategy from achieving the economy of scale. $222mil debts is also a concern...
Gold production at Gwalia & King of the Hill are decreasing with production cost increased from $580 to $850/oz..
The only positive stuffs are: sold Southern Cross with all future liabilities with that asset for $20mil. Exploration up site, et to be seen.
Just a trading stock for me.. No long-terms investment at this stage.. Cheers
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23.0¢ |
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Mkt cap ! $188.2M |
Open | High | Low | Value | Volume |
23.5¢ | 23.5¢ | 23.0¢ | $81.16K | 346.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
27 | 963421 | 23.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.5¢ | 405183 | 17 |
View Market Depth
No. | Vol. | Price($) |
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27 | 966264 | 0.230 |
13 | 497495 | 0.225 |
21 | 537514 | 0.220 |
12 | 327699 | 0.215 |
13 | 215117 | 0.210 |
Price($) | Vol. | No. |
---|---|---|
0.235 | 361484 | 15 |
0.240 | 274228 | 9 |
0.245 | 190921 | 9 |
0.250 | 430649 | 17 |
0.255 | 779703 | 11 |
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