Yes cron, I tend to think you are right, initially anyway, that it will struggle to hold 45 cents post consolidation (the 3 cent equivalent now). But let's see eh, the copper price may improve, and their drilling results may be good. The mine certainly looks prospective for some good drilling. They will certainly be throwing everything at it, because look at the amount of performance shares they've awarded themselves, it's a bit incentive for them. And they have their old mate from CY5 as a consultant, in fact, down the track, if the companies merged they could form a mini BHP with the variety of resource types they have (copper, gold, lithium, titanium, vanadium, rare earths, and probably more). I don't like the name change, I think that naming a company after a small beetle is for plonkers, but that's what they have opted for. I told them I'm voting against a name change until they get something decent.
Gw
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1 | 9856 | 0.745 |
5 | 87980 | 0.740 |
4 | 22795 | 0.725 |
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Price($) | Vol. | No. |
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0.770 | 23071 | 2 |
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