Mine plant etc cost about $87 mio,plus they have probably sunk$20-$30 mio in deferred mining cut back and pit costs.All this has now been paid for by us shareholders and we have a $25 mio loan to pay off over time.
We are comming up to the drier period for the next3/6 months and surely they can reach their 6000 ounce per month target over the current June quarter.
This may well by then be seen as a mega buying opportunity.
This sould be a very low cost mine by then IMO.
92 mil market capp, page-4
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Last
42.0¢ |
Change
0.010(2.44%) |
Mkt cap ! $2.857B | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 43.0¢ | 40.5¢ | $55.01M | 131.2M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 136340 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 2109264 | 10 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RED (ASX) Chart |