Just as expected the cards are revealed only after ASX 300 inclusion on Monday. No news for months and then 2 announcements back-to-back. Puzzle pieces clicking in place. Three contract revenue about $45M? a quarter starting July. WL financing likely to start around the same time and the contracting cashflow will service the debt. If they FID next quarter and begin WL mining mid-year, by December they should reach steady state. Beta Hunt job probably winds down December - the guys can then move on to PD and start work there. Good that the MINres and Beta Hunt projects are relatively short-term, means they can work on the company's assets WL/PD/SS instead. The SP might not reflect this, but the stock's about to pop. My almanac still says this will burst through 52-week high on 29-April 2024.
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$2.05 |
Change
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Mkt cap ! $522.5M |
Open | High | Low | Value | Volume |
$2.04 | $2.08 | $1.97 | $628.9K | 311.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 2864 | $2.05 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.06 | 5569 | 24 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 3814 | 2.050 |
7 | 14525 | 2.040 |
11 | 9901 | 2.030 |
8 | 18968 | 2.020 |
7 | 57361 | 2.010 |
Price($) | Vol. | No. |
---|---|---|
2.060 | 5522 | 22 |
2.070 | 16898 | 14 |
2.080 | 6331 | 13 |
2.090 | 6658 | 10 |
2.100 | 18302 | 5 |
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