You got more problems than just the lakes now mate. Grossly overvalued at near $2bil AuD
Lack of any infrastructure is the killer for this project. Probably have to build a whole town from scratch costing upwards of a $billion i would think. Cant raise anywhere near that in current market.
No roads, no power , no processing plant , plenty of water no worries.
CV13 doesnt look good at all and had to pump the sp from the 70s to $1 to entice brokers to put up the cash to be dumped and flipped for a profit once they get their shares .
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Last
43.0¢ |
Change
-0.040(8.51%) |
Mkt cap ! $230.2M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.5¢ | 42.0¢ | $1.993M | 4.590M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16237 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 57000 | 3 |
View Market Depth
| Last trade - 16.14pm 31/07/2025 (20 minute delay) ? |
| PMT (ASX) Chart |