This will probably go higher after the MRE as it will bring more certainty. People are unwilling to invest in a company with an inferred resource. MRE should move at least part of the resource into the 'indicated' category and hopefully increase the size of the overall resource. Company is moving from 200m-spacing to 100m spacing which will include data from 34000m of drilling which was not included in the first MRE. Once the confidence over the resource increases, other funds will start getting interested and a potential takeover could occur.
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Last
$15.62 |
Change
1.050(7.21%) |
Mkt cap ! $1.057B | |||
| Open | High | Low | Value | Volume |
| $14.87 | $15.80 | $14.83 | $2.442M | 158.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 400 | $15.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.70 | 2888 | 1 |
View Market Depth
| Last trade - 16.10pm 26/06/2025 (20 minute delay) ? |
| WA1 (ASX) Chart |