People place to much emphasis on going into production. It could actually be a negative. Many companies have gone under by taking on too much debt and not covering their costs.The driver of the share price is the underlying commodity price. Just look at the uranium sector where many stocks have multi bagged without being in production.
Ann: Mining Lease Granted for Ewoyaa Lithium Project, page-85
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Last
16.5¢ |
Change
-0.020(10.8%) |
Mkt cap ! $114.3M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 16.0¢ | $5.793K | 34.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 29550 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 3621 | 1 |
View Market Depth
| Last trade - 15.26pm 16/06/2025 (20 minute delay) ? |
| A11 (ASX) Chart |