my point being.
they have had the resource for a while and looking at the share price it seems undervalued considering resource and grade.
Considering Gold is at an all time record.
Not saying you cannot make money, but it is languishing.
If price of gold continues higher, economics of mining would get better and the reverse if gold drops.
regards
scoping study, page-14
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Last
$3.96 |
Change
-0.010(0.25%) |
Mkt cap ! $278.2M | |||
| Open | High | Low | Value | Volume |
| $3.96 | $3.98 | $3.91 | $1.558M | 393.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 256 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.00 | 9358 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DSE (ASX) Chart |