Looks positive to me. Cant see anything bad about 44% increased price for minimum conversion, $6m to upgrade power and purchase more screens to increase production, more drilling which I assume will be the Iron Duke. Production moving back to 24/7 soon and recently been doing 2.5t a day of concentrate. Working off about $14k/t, this is around $1.085m a month, 50/50 Cromminet, so half a million Dollars a month in cash flow wont be too bad and expect that to increase with more resources turning up. Looking forward to the JORC update in the next few weeks.
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Last
3.5¢ |
Change
0.001(2.94%) |
Mkt cap ! $99.46M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.5¢ | 3.4¢ | $86.61K | 2.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1320153 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 1291243 | 2 |
View Market Depth
| Last trade - 10.46am 07/08/2025 (20 minute delay) ? |
| EQR (ASX) Chart |