No dividends, AWJ advised previously that the cash will be used to progress the development of Munda, which is a second (but larger, resource approx. 200k Au) toll treatment project.
It sounds like AWJ expect to receive further income from Jeffrey's Find (approx. $4 million in total based on the quoted surplus of $8 million to be shared equally between the partners AWJ & BML).
I note that most of the large sell order at $0.05 seems to have been done with the volume available at auction (according to my screen) approx. 160,000 shares only. Of course, this doesn't mean that the seller can't reload and put another parcel out to sell at $0.05.
GLTA & DYOR
Ann: Auric Banks $2.2M Initial Surplus from Jeffreys Find, page-4
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Last
20.5¢ |
Change
-0.010(4.65%) |
Mkt cap ! $30.45M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 21.5¢ | 20.5¢ | $108.1K | 512.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 100683 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 124052 | 2 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| AWJ (ASX) Chart |