I think this has been gone over a bit, but why do you think the SP should be higher? There is history on this project of not delivering what was promised: some from this current leadership team, but mostly previous attempts.A few months ago we were talking about defining resources, environmental approvals, further studies and finance to upgrade and restart operations - pretty exciting, but lots of risks yet to be resolved/mitigated.
At the moment it seems like they want to find/define a porphyry resource - potentially massive, but unattainable to develop for a small operator. So are they shaping for takeover instead? And is this just another non-delivery?Knowing all that, where do you think the share price should be?
Ann: Drilling Program Completed at Adelong & Sawpit Update, page-32
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.707M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.7¢ | 0.6¢ | $101.5K | 16.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 11287997 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 4881849 | 5 |
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| Last trade - 16.10pm 01/07/2024 (20 minute delay) ? |
| ADG (ASX) Chart |