Looking like good value at this price. RIO with the option to convert their options at 53.5c on 14 July and take their holding to 19.9%. Don't think they will be mucking around with a project of this potential. I would expect things to be accelerating. The Malawi Govt would also be keen to see this progress quickly and generate earnings.
Ann: December 2023 Quarterly Report, page-2
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Last
61.5¢ |
Change
0.030(5.13%) |
Mkt cap ! $346.2M | |||
| Open | High | Low | Value | Volume |
| 59.0¢ | 61.5¢ | 59.0¢ | $105.3K | 176.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | 61.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.5¢ | 18441 | 1 |
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| Last trade - 13.38pm 28/06/2024 (20 minute delay) ? |
| SVM (ASX) Chart |