The way companies calculate ASIC can be anything, SBM with $2490 it's probably higher. I was reading the EVN threads and macro717 worked out their total asics and it's $2890 so even if the share price falls to $1 what is the rational to buy the dip because even if the share price is cut in half again there still is no case to buy it. It is a crisis for the Australian gold mining industry, they are going bust with near record high AUD gold prices.....
Ann: Mt Fisher Gold Project Exploration Update, page-14
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