I think the reaction of the market to the announcement today is clearly a vote of no confidence in the current people leading this company.
With current market conditions and an up front cap cost of $222mil on a $4mil market cap with no cash, no wonder no one bought it.
What we need to see is either a buy in partner who has the money or expertise to fund this mine or we need to see a market for the scandium. Without upfront sales agreements then nothing will happen. The share price will rot to zero, massive dilution will occur, we will end up with shares worth absolutely nothing.
I still do not think we have the right people leading our company.
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $16.76M |
Open | High | Low | Value | Volume |
2.6¢ | 2.6¢ | 2.6¢ | $13.18K | 507.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 32244 | 2.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 85000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 32244 | 0.026 |
4 | 794730 | 0.025 |
4 | 1405000 | 0.024 |
3 | 3330434 | 0.023 |
3 | 365103 | 0.022 |
Price($) | Vol. | No. |
---|---|---|
0.027 | 85000 | 1 |
0.028 | 20000 | 1 |
0.030 | 225947 | 5 |
0.031 | 510206 | 2 |
0.032 | 441446 | 3 |
Last trade - 14.37pm 17/09/2025 (20 minute delay) ? |
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PGM (ASX) Chart |