One thing to consider with your price targets is that the board has previously stated an intention to bring in a large share buy back when they have funds to do so. Their mine is likely to have cash costs of around $500/oz because of the ultra high grade and near surface nature of it so they will still be netting a lot of cash from the sale of gold even at these low prices. If the share price stays low simply because the gold sector is out of favour then they could concievably by back a huge amount of shares with the cash flow generated from 150000oz at ~$500/oz production cost.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.22M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $5.85K | 1.95M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 114361042 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 50275457 | 35 |
View Market Depth
| Last trade - 11.10am 19/09/2025 (20 minute delay) ? |
| PRX (ASX) Chart |