re: News: Blackthorn Resources exceptional hi... My take is that there probably isn't much confidence in the management of the company to go ahead with the projects. They have been a few delays with deadlines for example Perkoa's shipment but then again Glencore is in charge of that project.
Its one thing to have good drilling results but what is the follow up from here ? We will wait and see.
Although a couple more strong drill results could totally change the outlook on BTR from investors.
I was quite surprised to see that the SP didn't move much after the latest drill results after the huge jump on the announcement in August - "best ever drill results".
The drill results have been consistent and good but yet still no buyer confidence. Maybe the big boys know something that we don't !!
News: Blackthorn Resources exceptional high grade, page-4
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Last
1.7¢ |
Change
0.002(13.3%) |
Mkt cap ! $80.27M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.8¢ | 1.6¢ | $867.5K | 54.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 6497717 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 2330663 | 5 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| BTR (ASX) Chart |