Drongo....I would say the company is full of problems at all. The likely need for a partner to mine the sulphide resource simply reflects the potential size of the deposit. If you want to have a 'problem' its a nice problem to have in my view.
The forest zoning issue is potentially more significant, but I have no idea if it is a mere procedural issue or a potential show stopper.
Once they receive Ministerial sign-off (assuming they get it), this stock should fly. I'd be hoping to buy in if there is a window of opportunity between getting all the necessary approvals and this stock moving appreciably higher.
intrepid wins best of breed, page-12
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Last
36.0¢ |
Change
0.030(9.09%) |
Mkt cap ! $205.5M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 36.0¢ | 33.0¢ | $1.204M | 3.432M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 84286 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 35 | 1 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| A1M (ASX) Chart |