While you really feel for those that have done their money on this you really only need to understand the facts behind why.
Geomega whom sold them this tenament have a fully drilled proven resource under Canadian reporting codes 7 km away that has sat idle since 2016.
Why that is because its way to low grade way to deep and is a nightmare to process in that it requires acid and heat to liberate from a latralite orebody.
Large carbonaitite hard rock resources like this are un-mineable you will go broke digging it let alone trying to process it.
the remaining drill results will count for nothing but more pain and buying more ground of the same rubbish will add more.
The only hope is what they have in W.A and push the exploration on that. Then run as far from Canada from this shiteshow.
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Last
63.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $293.2M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 381 | 65.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 65.0¢ | 195062 | 2 |
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| Last trade - 10.07am 25/06/2025 (20 minute delay) ? |
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