It's a quality asset. The big question is whether debt can be serviced whilst awaiting a turn around in prices. The big players will be happy to suppress and accumulate.
I'd be suspect of any significant cost decrease estimates, the deposit is low strip and they aren't increasing volume so I'm not sure where the cost reduction is coming from. Although drawing from stockpiles without the mining fleet would reduce some immediate pressure.
Ann: Trading Halt, page-370
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Last
$3.06 |
Change
0.130(4.44%) |
Mkt cap ! $9.210B | |||
| Open | High | Low | Value | Volume |
| $2.99 | $3.08 | $2.97 | $97.95M | 32.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1001330 | $3.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.07 | 169324 | 17 |
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| Last trade - 16.10pm 01/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |