Mkt cap is $70M fully diluted. 45,000 ounces production, mkt cap is reasonable i reckon. Mkt is discounting a $500 UsD gold price into the share price, as costs are pretty high at over $300 USD
However main growth will come from increasing capacity. Until that happens there isn't a reason to buy, as it is a long 12 month wait
gold pour next week 1.9m oz deposit, page-6
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Last
1.6¢ |
Change
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Mkt cap ! $62.61M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.5¢ | $20.37K | 1.271M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2344977 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 1400760 | 4 |
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| Last trade - 15.45pm 04/10/2024 (20 minute delay) ? |
| LRL (ASX) Chart |