"mark tell me the risk"
How much cash will be at end of Q? Approx $2M? What if alternative financing is unavailable and they need to do raising at unfavourable SP?
Granted, very easy to dig up, but what if Cu prices 1/2 in the time it takes to get operation up and running? Would the grades be economic? The chinese economy could be in the final blow off stages of thier incredible expansion phase.
I have just bought too, but would never think that I could price risk better than the market.
i am amazed at how this market works, page-5
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Last
22.0¢ |
Change
0.005(2.33%) |
Mkt cap ! $74.63M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.0¢ | 21.5¢ | $17.03K | 78.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 105091 | 21.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.0¢ | 17713 | 4 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| HAV (ASX) Chart |