It's just a scoping study, I don't think the market has put any value on Nymagee anyway so if the study comes back as a dud it will have no effect on share price but it won't be vice versa and may even attract a JV partner to that project
The fact that the company has the head space to consider the scoping study is further evidence that the problems of past are behind them.
I can't see any reason why this stock won't stabilise at 35c in the short term
Ann: Nymagee Scoping Study Commences, page-13
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18.5¢ |
Change
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Mkt cap ! $312.9M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.8¢ | 17.5¢ | $735.3K | 4.053M |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 61150 | 18.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 96883 | 2 |
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