Do not think management is taking that big a risk more like spreading risk and diversify snapping up some very promising opportunities at bargain rates. If you are going to shopping for mining projects when the best time to do it probably at the tail end of a down term when things are just starting to gradually pick up again.
I started been watching this company to primarily to get a feel for mining opportunities in Eritrea but will keep watching for a while even if they diversify totally out of the country as I think they have been highly selective in picking up some very interesting opportunities.
Ann: 2013 Annual Report , page-3
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Last
$1.70 |
Change
0.040(2.41%) |
Mkt cap ! $661.3M | |||
| Open | High | Low | Value | Volume |
| $1.67 | $1.71 | $1.63 | $4.299M | 2.673M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 32524 | 4 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CHN (ASX) Chart |