Yes, its a great news.
I'm not worried about a CR because there won't be any CR for the Philippines Operation.
I think now management will look to find a buyer for the Philippines asset.
With all the government approvals ......it has now a good chance of getting sold.
I would say it could fetch up to AUD $ 30-40 Million dollars.
It has over AUD $1 billion worth of gold in there.
I want management to sell the Philippines asset and focus fully on the Australian ground.
It will de-risk the operation and also some money to invest in Australia.
That would be a win win situation for everyone.
This is a sort of news that should add at least 30-40 million dollars in the market cap.
But unfortunately little to no reaction. Maybe people will react after a month.
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39.5¢ |
Change
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Mkt cap ! $2.686B |
Open | High | Low | Value | Volume |
40.5¢ | 41.0¢ | 39.0¢ | $9.181M | 23.04M |
Buyers (Bids)
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---|---|---|
34 | 1243803 | 39.0¢ |
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Price($) | Vol. | No. |
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40.0¢ | 139143 | 5 |
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33 | 1242044 | 0.390 |
15 | 644451 | 0.385 |
29 | 1163879 | 0.380 |
5 | 300070 | 0.375 |
26 | 801786 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.400 | 139143 | 5 |
0.405 | 607644 | 6 |
0.410 | 622427 | 9 |
0.415 | 292677 | 10 |
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