No it isn't. If it was going to oblivion, it would have got blown away the last two trading days when the Dow and palladium got flogged. Instead it showed much resilience with buyers soaking up the stock
This could very easily come back with a vengeance before 31st March or whenever they release their high grade sulphide resource update...the scoping study bulk resource is now being re-wire framed to optimise the mining of high grade blocks with selective mining. They have so many high grade drill intercepts, the scoping study made a dog's breakfast out of them by taking a bulk tonnage, non-optimised open pit. The re-wire framing of the high grade resource should do the shallow section of their deposit the justice it deserves..
Dow, palladium, platinum, gold all up overnight, see what happens today.
CHN chart, page-6369
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Last
$1.29 |
Change
0.045(3.61%) |
Mkt cap ! $501.7M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.33 | $1.26 | $4.613M | 3.567M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | $1.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.30 | 7818 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| CHN (ASX) Chart |