The way this company is being continually sold down is concerning.
Is there value at .021
On the face of it, the grades and expected production would suggest there is a lot of potential and high reward should it all come together, but there does not appear to too much interest at these prices.
ABU exceeded their forecast grades and production with the trial mining and the share price has halved? - hard to figure that out.
I am critical at management that they didn't have a seamless approach from trial mining to actual mining by ensuing the ML application was submitted in a timely manner.
I still have concerns if they can survive without a capital raising in light of the delay to the ML
Lots of questions still to be answered.
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $6.350M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $7.233K | 3.616M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 25448263 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 39496329 | 33 |
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| Last trade - 13.26pm 16/07/2025 (20 minute delay) ? |
| PRX (ASX) Chart |