attended egm. Impressed by new ceo. Chairman also seems up to speed. This is not going to happen overnight , but I believe this will happen.
Issues . New barges will take approx a year for construct and delivery
River needs 24 areas of dredging
New port and roads need construction
Indonesian beaurocracy will slow things ( forestry , explosive permits)
3 parties keen for deal ( Dutch auction )
Assured 225,000 tonnes / month achievable within a year
If you do your sums , this could have MC of 600- 800 mil towards the end of next year.
Hence I came away from meeting and bought some more
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Last
7.5¢ |
Change
-0.002(2.60%) |
Mkt cap ! $83.07M |
Open | High | Low | Value | Volume |
7.5¢ | 7.5¢ | 7.5¢ | $3.313K | 44.17K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 86287 | 7.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.5¢ | 33718 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 44170 | 0.075 |
1 | 27857 | 0.073 |
2 | 58430 | 0.072 |
1 | 250000 | 0.071 |
2 | 100000 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 21429 | 1 |
0.077 | 99999 | 1 |
0.078 | 200000 | 1 |
0.079 | 40000 | 1 |
0.083 | 55000 | 1 |
Last trade - 11.12am 09/09/2024 (20 minute delay) ? |
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