This is a direct quote from the Annual Report published today
--
"the Company managed to
complete the majority of site development including the completion of the crushing circuit, commissioning of the
grinding, second drill and blast and sealing of the tailings dam.
In addition, the processing plant has been commissioned.
Recently, the Company raised $805,000 from a combination of debt and convertible notes to assist in the completion
of the development of the project. It is anticipated that gold production will commence by the end of next month."
--
So why on earth is the mkt cap hovering around $10mn, doesn't make any sense to me so I have backed the proverbial lorry up.
The top20 holds 77% of the issued equity according to today's Annual Report.
So I would surmise that very shortly we will run out of sellers below 10c ... wouldn't that be nice if you hold this one
:-)
EB
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Last
5.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.759M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.5¢ | 50000 | 1 |
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