Not a good financial report; alarm bells are ringing loudly.
$9.5M owed to Saracan & Goldfields in cash or shares falling due
$5M gold loan urgently needed for cash
$11M loss for the year
$260K and other bonuses handed out, how did they work these out, maybe it is in the fine print.
Siana a dead duck, imagine the silt in the pit due to wall failures, take millions to re-engineer.
Tailings dam 6 approved, this goes back to 2013, they told us they were buying the land back then.....
The two underground mines have a dwindling head grade, look back over the years, they are drying up.
Again I ask the question why sell these mines if they were profitable.
Price of gold low.
I could go on and on, it would take a miracle to turn this company around, I personally cannot see this occurring.
I cannot see this company would be a going concern unless the POG spikes dramatically.
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- Ann: Annual financial statements
Ann: Annual financial statements, page-2
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Last
32.0¢ |
Change
-0.045(12.3%) |
Mkt cap ! $2.176B |
Open | High | Low | Value | Volume |
34.0¢ | 34.5¢ | 31.5¢ | $21.62M | 65.95M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 32.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.5¢ | 674965 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 0.320 |
23 | 1006762 | 0.315 |
25 | 1234744 | 0.310 |
13 | 1349585 | 0.305 |
37 | 1153229 | 0.300 |
Price($) | Vol. | No. |
---|---|---|
0.325 | 674965 | 9 |
0.330 | 1422334 | 15 |
0.335 | 1655880 | 12 |
0.340 | 1491976 | 17 |
0.345 | 503538 | 12 |
Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
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