We finally got the news about the IGO drill hole being a dud, with news that IGO have pulled out. Eventually we will hit the juicy spots in Broken Hill, it is a very prospective region but unfortunately it will require a lot more capital for exploration. We cannot base success off the results of 1 drill hole! Most companies take several phases of drilling programs to finally find the resource making mineralised zones.
IMO, with the focus on the HPA project now as the flagship project, it is likely management will try to organise further JV's to help fund exploration or potentially sell off some of our tenures in the Broken Hill region. Still incredibly undervalued based on HPA alone! If Arkun delivers in early 2024 then things will really start progressing to the next level imo.
Ann: Outstanding Airborne EM Anomalies at the Arkun Project, page-7
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $42.83M | |||
| Open | High | Low | Value | Volume |
| 1.4¢ | 1.5¢ | 1.4¢ | $29.56K | 2.090M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 7762089 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 2033215 | 7 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| IPT (ASX) Chart |