One shoudl be really silly to sell on bad news.
Just look at most ramp ups in Australia, it is never a smooth sailing.
Pantoro struggled for over 1 year... then when they finally started delivering the shareprice doubled.
This was the first quarter of real operation. It was disappointing but the gold it is still there and lots of it. One would be really silly to think this is the end of all.
Company has resources and grade.... once strip ratio improves and they have access to higher grades, then everyone is going to like? Ramping up production it is not easy.
Long term I am buying here because the risk reward is too good to be ignored.
Ann: March 2024 Quarterly Activities Report, page-31
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13.5¢ |
Change
-0.005(3.57%) |
Mkt cap ! $38.68M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 14.0¢ | 13.5¢ | $6.856K | 49.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 36133 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 67030 | 2 |
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