Lately the exploration has not been very aggressive, the extra money could change that. To get this company onto a reasonable PE ratio they need to have more reserves, that is the only thing holding the company back.
I am really keen to know which route they will take to process the tailings and what the recovery of metals will be, also the time frame for the new plant.
Up until now they have been concentrating on getting the plant going. That is behind them now and Mike can concentrate on new things.
I suspect he moves in a very ordered way and sees this as a springboard.
Exciting A
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5.1¢ |
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 400000 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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5.4¢ | 130000 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 400000 | 0.050 |
1 | 22222 | 0.045 |
1 | 11363 | 0.044 |
1 | 11627 | 0.043 |
1 | 100000 | 0.039 |
Price($) | Vol. | No. |
---|---|---|
0.054 | 130000 | 1 |
0.060 | 50016 | 1 |
0.074 | 17071 | 1 |
0.092 | 3003 | 1 |
0.155 | 1701 | 1 |
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