It will be a high margin mine - no doubt, and with what they have drilled they have probably 3 - 5 years production circa 80-100k oz pa. The grade is hard to predict with so many very high values so I have used the grade from the pit of ~20 g/t. Near term price movement will be determined by many factors but if they drill under the North lode and lose some immediate blue sky potential, that will present a buying opportunity. Long term I think they will discover plenty more gold.
Price action, page-34
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Last
0.9¢ |
Change
0.001(12.5%) |
Mkt cap ! $38.92M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 1.0¢ | 0.8¢ | $88.10K | 9.768M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 3163178 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 555000 | 1 |
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