Nah mate, they'll find more. The existing lodes alone will keep Cracow cashflow positive for way more than 4 years, they are open at depths. The existing lodes are difficult to convert into JORC without investing $ into it long term. It is fragmented in a wide area and variable the closer it is to the surface. But a different story at depths, it will take a few years of UG mining to get to the good stuff... Which not many BOD have the patience for.
It is one of those assets that will take a decade or so to turn into a tier 1. Who knows, if the 3 new exploration targets hit a big find then this will be a tier 1 operation after a simple plant upgrade like EVN did with Cowal.
AIS
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17.5¢

AIS - EW Chart, page-84
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Last
17.5¢ |
Change
0.005(2.94%) |
Mkt cap ! $169.4M |
Open | High | Low | Value | Volume |
17.0¢ | 18.0¢ | 17.0¢ | $170.6K | 975.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 159214 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 384178 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 61312 | 0.175 |
26 | 942291 | 0.170 |
18 | 993854 | 0.165 |
30 | 1118438 | 0.160 |
15 | 423656 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 406608 | 11 |
0.185 | 147002 | 7 |
0.190 | 203648 | 9 |
0.195 | 739904 | 11 |
0.200 | 395285 | 11 |
Last trade - 15.59pm 02/07/2025 (20 minute delay) ? |
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