You are correct - Valence never mined.
Uley 1 was the original project that was mothballed before SER acquired it and then floated off to Valence.
Valence tried to use the old pit for tailings but were denied by S A Government, even though it had mostly refilled with water.
Thus Valence had to construct a new tailings pond.
Valence started production using old stockpiles but they were found wanting a few more floatation tanks to cope with the poor quality of the stockpiles.
Then Valence went bust before arising again with a 35:1 consolidation and a squillion free options for interests that were owed $$ [nil excise cost]
Once QGL get back above $20, then a lot of the old investors might start recouping their $$
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Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-7
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Last
57.8¢ |
Change
0.003(0.43%) |
Mkt cap ! $196.6M |
Open | High | Low | Value | Volume |
59.0¢ | 59.0¢ | 56.0¢ | $44.41K | 77.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8004 | 57.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
58.5¢ | 3249 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8004 | 0.570 |
1 | 5811 | 0.565 |
1 | 24623 | 0.560 |
2 | 9100 | 0.550 |
1 | 180 | 0.500 |
Price($) | Vol. | No. |
---|---|---|
0.585 | 3249 | 2 |
0.590 | 10000 | 1 |
0.595 | 3500 | 1 |
0.600 | 24526 | 4 |
0.615 | 21379 | 2 |
Last trade - 11.54am 24/07/2024 (20 minute delay) ? |
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