I didnt know overseas investers were looking but its possible, present cap makes it even a target for a well healed individual or small sindicate.
I feel problems with ore processing is a non issue for all the reasons mentioned whats needed is sufficient production to pay off admin and exploration and development costs so MCO is cash flow positive.
The alternative is another CTO scenario where they infer the production costs are less than $500 an ounce but after admin, exploration and development each quarterly shows they are still burning cash (due to low production of 2500 ounces per quarter) and the shareprice reflects that.
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Last
1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.422M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 30000 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 60000 | 1 |
View Market Depth
| Last trade - 16.21pm 15/07/2025 (20 minute delay) ? |
| MCO (ASX) Chart |
Day chart unavailable