Very much so ... but the prices is still less than the hedge at $1620 for 240k ounces. If some guidance to say they are on track for 250k ounces this year would really restore some confidence in the stock. That would also give confidence we are on track for 440k ounces for the following year. None of this is built in to the price at the moment.
The silence makes me think that getting the gold out of the Murchison might be harder than suspected. I certainly hope not.
What's the strategy with this move, page-18
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Last
45.5¢ |
Change
0.010(2.25%) |
Mkt cap ! $412.3M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 45.5¢ | 43.3¢ | $1.953M | 4.353M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 110122 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 49999 | 1 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MLX (ASX) Chart |