I reckon it's got to do with the restructuring of the HGO gold royalty of $150/oz.
This was from the West Australian:
UPDATE 3pm: Gold miner Metals X has paid almost $1 million in royalties to ASX-listed Carnegie Wave Energy over its Higginsville operations, 152km south of Kalgoorlie-Boulder.
Carnegie today said it had received a payment of $950,115 relating to all mining activities up to December 31.
Metals X secured what many considered the gold bargain of 2013 when it acquired the Higginsville and South Kalgoorlie operations from Alacer Gold for $40 million.
But it inherited a $150 an ounce royalty at the Trident underground mine at Higginsville, which Metals X managing director Peter Cook has called "crippling" to the point it places the mine's future in doubt.
https://au.news.yahoo.com/thewest/business/a/22630714/carnegie-receives-1m-in-royalties/
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64.5¢ |
Change
-0.005(0.77%) |
Mkt cap ! $571.7M |
Open | High | Low | Value | Volume |
63.0¢ | 65.0¢ | 62.0¢ | $1.536M | 2.417M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 26194 | 64.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
64.5¢ | 41997 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 26194 | 0.640 |
2 | 52000 | 0.635 |
1 | 3400 | 0.630 |
1 | 3830 | 0.625 |
4 | 100251 | 0.620 |
Price($) | Vol. | No. |
---|---|---|
0.645 | 41997 | 1 |
0.650 | 60000 | 3 |
0.655 | 40000 | 1 |
0.660 | 110881 | 5 |
0.665 | 51834 | 2 |
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