Yes correct and those are the right questions. The earnings calc's even at 5 cents are excellent (my entry average is 2.2c so even better figures) and given the mine life plus likely extensions, its a steal at current prices. The risks are weather and equipment breakdown as the upgrades and new capital works should get them down the cost curve so they can operate through a tougher environment.
I bought more last week (overpaid it seems but always hard to pick the top or the bottom) and am looking to buy a few more this week
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Last
4.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $291.0M |
Open | High | Low | Value | Volume |
4.9¢ | 5.0¢ | 4.8¢ | $783.9K | 16.10M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 467386 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 6945772 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 467387 | 0.049 |
3 | 691402 | 0.048 |
9 | 3107290 | 0.047 |
10 | 714161 | 0.046 |
10 | 2157791 | 0.045 |
Price($) | Vol. | No. |
---|---|---|
0.047 | 1874 | 1 |
0.048 | 10000 | 1 |
0.050 | 6899778 | 7 |
0.051 | 1350000 | 4 |
0.052 | 456980 | 3 |
Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
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MMI (ASX) Chart |