I don't think it's because the assays are late technologic.
The market cap is currently sitting at a paltry $12m.
It won't stay at $12m no matter how much people sell it down if they've hit 361m of copper and gold with good high grade sections in it.
I could be wrong but it looks like it could be a big shakeout that's going a bit wrong.
action aplenty, page-50
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Last
2.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $106.3M | |||
| Open | High | Low | Value | Volume |
| 2.2¢ | 2.4¢ | 2.2¢ | $259.3K | 11.42M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1446111 | 2.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 2885093 | 4 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| AZY (ASX) Chart |