As soon as they do a JORC they are in play. They are just building that number with drilling.
The company has basically admitted it is for sale hence the appointment of Jeffries.
Mining is a game of patience and it would appear they have never planned to develop the mine hence the continual drilling program to build the JORC before opening it up for 'sale'.
Ann: Investor Presentation, page-9
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Last
$1.02 |
Change
0.015(1.49%) |
Mkt cap ! $263.1M | |||
| Open | High | Low | Value | Volume |
| $1.01 | $1.07 | $1.01 | $36.43K | 35.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4841 | $1.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 5629 | 1 |
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| Last trade - 15.59pm 26/06/2024 (20 minute delay) ? |
| MAU (ASX) Chart |