well I just bought some at .125 after bagging this stock on this forum changed my mind about it after thinking that they may be on to something.
Power supply issues are a concern but talk of 4000 ton per day throughput with the extra ball mills swayed me to buy. I am guessing the extra mills will make better use of a mill dedicated to regrinding what would otherwise be gangue which should push up recoveries to around 80% present 76% recovery seems low.
Thanks for the input.
I see PE higher than 4 as have to take into account debt servicing and depreciation and exploration. but the company seems to be looking to increase production substantially from 2011 which needs factoring in when looking at PE
katana, page-9
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Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.123M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.4¢ | $7.751K | 1.937M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 11832915 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 989256 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| SMM (ASX) Chart |