From riches to rags. Best stock to worst.
I just don't get it. They have sold 50% of 1.7M oz of gold for A$42M (Still could be less if DRD can finance to earlier option.)
That's about A$50/oz for Mintails 850,000 oz share. That's the worst forward selling deal I have ever heard of.
Not to mention that the plant is tied up for the next 12 years while Elsburg gets first dibs.
The market cap is now about $22M, that's less than the cash they may have.
Somebody correct me please, I am feeling dizzy....
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $61.54M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $31.45K | 1.902M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 1077173 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 333332 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 1077173 | 0.016 |
6 | 2068133 | 0.015 |
6 | 1696094 | 0.014 |
15 | 4224745 | 0.013 |
5 | 2792000 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 333332 | 1 |
0.018 | 585000 | 2 |
0.019 | 1343483 | 5 |
0.020 | 904578 | 2 |
0.021 | 255281 | 2 |
Last trade - 13.55pm 27/09/2024 (20 minute delay) ? |
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