Here's my take on the various announcements.
Dragues1 was and remains a disaster. Federation can’t come soon enough. The money is in the ground2. We have the finance to get it out. In the meantime, the company is being run in a far more disciplined way than under Clifford. Wait.
Notes:
1.Dragues depreciation will have been a significant contributor to the net loss.
2.When I say the money is in the ground, using the NSR times the tonnages, across all mines the total is $2.46 billion.
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Last
19.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $330.0M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.0¢ | $2.525M | 12.77M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 2105537 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 20030 | 1 |
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| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| AMI (ASX) Chart |