67000*$5000 =$335,000,000.00
less cost of agreement to open pit 50%split
At worst that $167,000 they can bank from an agreement that could be done soon
possible for that to increase above 100,000 ounces in shallow pit . Then drill to depth to see the greater potential along strike .
hard to see why this company has a MC of $7m. Can do with an announcement relating to a production outcome fast !
Ann: Murchison South Increases to 67koz Gold Across Two Pits, page-7
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Last
1.1¢ |
Change
0.002(22.2%) |
Mkt cap ! $9.618M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 0.9¢ | $14.34K | 1.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1506723 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 1164000 | 3 |
View Market Depth
| Last trade - 15.26pm 01/08/2025 (20 minute delay) ? |
| RR1 (ASX) Chart |