One should always return to the fundamentals. Mining is about grade, ( one could also say tonnes, but the grade initially determines the tonnes) Punters seem to still get hot and horny about resource, or even mineralisation. However ore in the ground has zero value. It is only when you can mine it , process it , ship it and sell it at a profit high enough to justify investment, including risk that you have a goer. I was on a board once where the geos were wetting themselves about the " mineralisation" As geos do. They got all bitter and twisted when the engineers did a MP and left half of it in the ground ( steeply dipping ore body, big strip ratio. Some will accuse me of stating the bleeding obvious, but as I said, look at the basics .
The rest is pure speculation ( or if you prefer ) gambling. If you want to gamble, go for it
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Last
$1.45 |
Change
0.045(3.21%) |
Mkt cap ! $562.1M |
Open | High | Low | Value | Volume |
$1.36 | $1.47 | $1.36 | $4.439M | 3.100M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 27847 | $1.43 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.45 | 6276 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 27847 | 1.430 |
2 | 51224 | 1.425 |
2 | 28784 | 1.420 |
2 | 16784 | 1.415 |
2 | 23784 | 1.410 |
Price($) | Vol. | No. |
---|---|---|
1.450 | 6276 | 2 |
1.455 | 15753 | 1 |
1.460 | 68693 | 4 |
1.465 | 49503 | 3 |
1.470 | 28837 | 5 |
Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
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