Looks like yesterday we saw a lot of panic selling. Comparisons to neighbouring mines capex and opex costs, most likely were the catalyst. Combined with the finance requirement for pre-production.
For those that read between the lines, understood that the neighbours are riddled with holes that need to be filled - a underestimated capex which will most probably bite them later in the process - bought more or held their positions.
We are well funded, with a base-case opex and capex that can be improved.
Additionally, you don't necessarily put that much detail into an SS / base-case unless there is someone looking over your shoulder to finance the project ... ALL IMO IMO IMO.
Retail panic sold yesterday based. But now it looks like money is now coming back in ...
Good luck all.
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $138.1M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.6¢ | $31.38K | 1.963M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 73 | 16062227 | 1.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 7671052 | 6 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| AVL (ASX) Chart |