By their own announcements it should get them through to the decision to mine in about a year's time. I don't mind paying corporate costs if they are delivering (which they certainly are with the Zijin deal), and all exploration / development companies run at a loss, so that's not a surprise... No question that this is a stock with significant risk, but that is easily outweighed but the potential upside at the current price.
Ann: Quarterly Activities Report & Appendix 5B - 31 March 2023, page-4
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Last
6.0¢ |
Change
0.004(7.14%) |
Mkt cap ! $102.9M | |||
| Open | High | Low | Value | Volume |
| 5.5¢ | 6.0¢ | 5.5¢ | $20.60K | 357.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 201976 | 5.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 1161535 | 3 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| XAM (ASX) Chart |