in 2002 I was importing stuff from China at 55c to the US buck. the year before it was 48c
if gold goes to US$1200 and the Aussie to 60 c that is AUS$2000 gold
MCO does 20,000 ounces pa at $1500 margin is $30million pa profit
60,000 ounces at $1500 is $90million pa
THIS IS ACHIEVABLE NOT A DREAM!
I have seen it before. the high grade WA nickel miners like IGO went from 20c to $9 in four years simply because nickel went from $5 to $20
Thats the power of leverage
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.422M |
Open | High | Low | Value | Volume |
1.4¢ | 1.4¢ | 1.4¢ | $10 | 701 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 83400 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 102105 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 83400 | 0.012 |
2 | 241438 | 0.011 |
3 | 611105 | 0.010 |
4 | 850910 | 0.009 |
3 | 212125 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 274339 | 3 |
0.015 | 49822 | 1 |
0.016 | 543409 | 1 |
0.017 | 10000 | 1 |
0.019 | 157947 | 1 |
Last trade - 13.18pm 10/07/2025 (20 minute delay) ? |
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MCO (ASX) Chart |