Mine plant etc cost about $87 mio,plus they have probably sunk$20-$30 mio in deferred mining cut back and pit costs.All this has now been paid for by us shareholders and we have a $25 mio loan to pay off over time.
We are comming up to the drier period for the next3/6 months and surely they can reach their 6000 ounce per month target over the current June quarter.
This may well by then be seen as a mega buying opportunity.
This sould be a very low cost mine by then IMO.
92 mil market capp, page-4
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Last
37.0¢ |
Change
-0.015(3.90%) |
Mkt cap ! $2.516B | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.3¢ | 36.8¢ | $14.90M | 39.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 387085 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 1040379 | 11 |
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| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |