I think that this company should sit comfortably past 1B Mcap if they take it to production themselves, yes. And it should pay some very nice dividends indeed.
It is a cheap to run operation with easy processing of the gold in the middle of a gold bull market.
I also believe that gold has only gotten started, and that we will see 5000 aud next year. My only worry is the global markets shitting the bed, which I believe will happen also sometime next year. How gold will react is the million dollar question. I have no doubt that there will be a selloff, but I think it will be a V shaped one with a quick recovery. After that is finished, it will really be the time for gold juniors to shine.
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Last
15.5¢ |
Change
-0.010(6.06%) |
Mkt cap ! $219.7M |
Open | High | Low | Value | Volume |
16.5¢ | 16.5¢ | 15.5¢ | $327.8K | 2.049M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 367024 | 15.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 230000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3999 | 0.165 |
1 | 200000 | 0.160 |
6 | 397524 | 0.155 |
10 | 350704 | 0.150 |
5 | 331289 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.160 | 4000 | 1 |
0.165 | 230000 | 2 |
0.170 | 1092997 | 12 |
0.175 | 620383 | 7 |
0.180 | 692725 | 5 |
Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
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AAR (ASX) Chart |