Whilst, I have been very critical of management from time to time, and rightfully so as price manipulation has always been a thorn in our side......However, considering all things I find it hard to believe people would be selling now at these levels....I for one believe it's one of our best buying opportunities.....Firstly, we just had a very successful cap raise for 4.5ml at 3.6 cents......So, if the lenders believe this was good value, why can't the market see this????? especially considering the corona-virus environment we are in......I expect this will bounce back very soon as the company has already foreshadowed a 24/7 production commencing as soon as our ore-sorter is installed, which should by all accounts be very soon.
Also, with inventories falling in China as they consume 85% of all raw materials domestically and with supplies being halted or at best interrupted, I expect this mineral to bounce back hard and demand to increase........Forward looking I think we are now in a much better position then we were 2 months ago, despite the corona virus which is effecting everything.......Maybe it was the only way China could beat Trump in their trade war.....
As a strategic mineral, I am hoping our CEO is chasing further funding from our government.....At the moment we are all cashed up and looking towards production very soon.......picked up some more shares today.......at bargain prices...........Cheers.
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Last
4.8¢ |
Change
0.001(2.13%) |
Mkt cap ! $99.13M |
Open | High | Low | Value | Volume |
4.8¢ | 4.8¢ | 4.8¢ | $18.90K | 393.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 4.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.8¢ | 50000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150000 | 0.047 |
1 | 124131 | 0.046 |
1 | 39000 | 0.045 |
1 | 2275 | 0.044 |
3 | 306558 | 0.043 |
Price($) | Vol. | No. |
---|---|---|
0.048 | 50000 | 1 |
0.049 | 167376 | 2 |
0.050 | 250000 | 1 |
0.065 | 287904 | 1 |
0.066 | 50000 | 1 |
Last trade - 15.31pm 12/07/2024 (20 minute delay) ? |
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EQR (ASX) Chart |