It's probably safe to assume that all us faithful types here (and on the board of directors) have bought as much as they can afford and are mostly going to hold for whatever profit level they have set for themselves (or selling a small portion to be free carried etc) Beyond that, we aren't likely to be selling much.
So, we need new names on the register with new money. These people need the good news we are all expecting to pique their interests and get the story into the mainstream press & TV. Soft interviews with Stockwatch are OK but are only seen by those already in the share.
I reckon a couple of good JORCs will nudge things up a bit (Arowsmith Central, South & Muchea), probably mostly by making holders grip a bit tighter.
It will be confirmation of the extreme high grade, high value stuff and maybe MOU or actual Offtake Agreements, deals with rail and port operators etc that will really things moving. At that point, the project will be well and truly de-risked with a much clearer picture of the path to production and income and therefore much firmer basis for valuing the business: X billion tonnes x $x/tonne / Shares on register = $
We might be in for a very nice Christmas.
Keith.
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.47M |
Open | High | Low | Value | Volume |
3.1¢ | 3.1¢ | 3.1¢ | $775 | 25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 426666 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 426666 | 0.030 |
2 | 200000 | 0.029 |
1 | 100000 | 0.028 |
2 | 160000 | 0.027 |
1 | 300000 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 25000 | 1 |
0.032 | 194896 | 1 |
0.033 | 16193 | 1 |
0.034 | 12900 | 1 |
0.036 | 286529 | 1 |
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