There are just a couple of statements in this thread that I could not ignore to comment on.
"Whatever you decide IMO at the end of the day your picking up a stock that is undervalued based on earnings and future growth"
Undervalued based on earning ???? - what earnings, they made a 2.1 million loss for the quarter.
"From what I have gathered the mill is currently running at around 2/3's capacity and management are keen to take advantage of the remaining capacity and believe that a SPP will fast track that"
2/3 capacity - then the best that they can do is around 7-8K oz a quarter without some capital investment. How do they propose to meet the targets they keep reporting.
Not trying to be critical but.......
Don't have a position anymore.
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $9M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 18515526 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 3203468 | 9 |
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| Last trade - 10.23am 27/06/2025 (20 minute delay) ? |
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