Sooner or later the company will have to raise capital to fund the mine. >$120m? So it means a lot of new shares at $0.30? Unless they really find more gold i would think downside is not actually ou of sight. But at $0.28 that's a better bet than most shareholders did in the past.
I put a little order at $0.26 just in case the company surprises me with a crazy burkina endless gold finding that nobody but the elite knows about it but with a stop losses at $0.245
That is really a bet as I still think there better opportunities at unloved producers ATM
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $19.47M | |||
| Open | High | Low | Value | Volume |
| 21.0¢ | 21.0¢ | 20.5¢ | $11.00K | 52.82K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 32552 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 23683 | 1 |
View Market Depth
| Last trade - 14.54pm 24/06/2025 (20 minute delay) ? |
| AMX (ASX) Chart |