I think to SLRs credit they may have executed an absolute blinder with their Harte Gold Takeover and the market is recognising that. Where as the market has almost given the AOP takeover (by RMS) a negative assessment which really puzzles me (as I don't think they 'over paid')..... the mkt has become so shortshighted , it's all about.... Now Now Now.
Yes I understand that further capital will be required to turn Rebecca into an operating mine but there is nothing wrong with that, it's standard practice... and I think that building your project backlog while the price of gold is in a rut (as it was at the time) is a sound strategy which will translate into future SH profits.
I don't follow WGX closely so can't comment there.
refocus on exploration, page-18
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Last
$1.87 |
Change
-0.040(2.10%) |
Mkt cap ! $2.134B | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.90 | $1.85 | $4.557M | 2.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6764 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 10609 | 2 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |