Certainly a sustained controlled sell, keeping about a sell price. I thought it would be the underwriter offloading stock and banking their fee - but on reflection I don't think we needed the underwriter. Must simply be a big holder getting out.
There has been about $1m of stock traded since the CR, if the seller bought higher than 0.025 that would represent even higher value of stock. The overhang will clear by and by, and then, if the gold is as forecast, THX is off and racing.
Allowing a month for assays, I'd expect them back for the first hole at CP in about two weeks. If there's any visible gold in the second hole, that would be seen about that time. High grade assays and more VG next fortnight would big very welcome. Early days. Lots to learn on the structures, etc yet. Feeling positive.
Ann: VISIBLE GOLD IN CROWN PRINCE DRILL CORE, page-38
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OAU (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $35.70M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.5¢ | $2.593K | 476K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 24112708 | 0.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 25452861 | 21 |
View Market Depth
| Last trade - 14.54pm 12/07/2024 (20 minute delay) ? |
| OAU (ASX) Chart |