Could be the cost of setting up a mining operation. A report in the FIN Review earlier this week on Moly Mines indicated over a billion dollars in funding was required for their operation.
Maybe that is why management are chasing Chinese investment on their trips to Hong Kong, a huge amount of dollars are needed to set this up.
If they can be successful in luring the required capital to progress this then i am sure the share price will rise dramatically.
Their delayed Jorc announcement hasn't helped the sp either.
A lot of patience is needed with this one, which i am running out of.
press release, page-15
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DXC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.79 |
Change
0.040(1.45%) |
Mkt cap ! $380.2M | |||
| Open | High | Low | Value | Volume |
| $2.76 | $2.79 | $2.76 | $222.2K | 80.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 7772 | $2.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.79 | 32404 | 2 |
View Market Depth
| Last trade - 13.02pm 30/07/2024 (20 minute delay) ? |
| DXC (ASX) Chart |