From riches to rags. Best stock to worst.
I just don't get it. They have sold 50% of 1.7M oz of gold for A$42M (Still could be less if DRD can finance to earlier option.)
That's about A$50/oz for Mintails 850,000 oz share. That's the worst forward selling deal I have ever heard of.
Not to mention that the plant is tied up for the next 12 years while Elsburg gets first dibs.
The market cap is now about $22M, that's less than the cash they may have.
Somebody correct me please, I am feeling dizzy....
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.937M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $1.019K | 203.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1862889 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 3032045 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1862889 | 0.005 |
3 | 1876000 | 0.004 |
9 | 7028666 | 0.003 |
4 | 4000000 | 0.002 |
3 | 6300000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 3032045 | 4 |
0.007 | 900185 | 2 |
0.008 | 885000 | 3 |
0.009 | 111754 | 1 |
0.011 | 90000 | 1 |
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