It may take a day or two before the market prices the discovery, some may take profit, but a provable resource on an approved and ready mine site makes this a very attractive take over target or transition from exploration to mining company. The (almost identical) BGL discovery on a similar old mine site made a lot of money for the ones that held.
Selling too early here will be the source of much lamenting in future posts me thinks.
magical 7 cent, do I see 8, page-19
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Last
11.5¢ |
Change
0.005(4.55%) |
Mkt cap ! $264.3M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.5¢ | $389.4K | 3.513M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90909 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 925961 | 12 |
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| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| MEI (ASX) Chart |