My reading is that they planned to process supergene ore in December, but for one reason or another didn't.
So what actually happened. Is the supergene ore missing or will it be processed later. Clarification of this point would let the market know if the SP is warranted. It could have been accidentally mined as waste, and might still be economical to process depending on how the waste was spread, assuming it can be found.
I believed that no news from management was good news until recently I started to have doubts.. maybe when the SP was stuck at 10.5c and almost bought at 8.8c on Friday, but decided to wait as my trust of management was evaporating and I considered the possibility of a bad quarterly to be very real.
Mining lowgrade ore while the goldprice is weakening is a good policy if you can afford it, however there may have been no highgrade ore available. We just do not know.
The $400K.... Was a payment due from St George after they floated? Maybe we will have to wait for the half-yearly report or an ASX query.
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Last
3.7¢ |
Change
0.003(8.82%) |
Mkt cap ! $22.42M |
Open | High | Low | Value | Volume |
3.6¢ | 3.8¢ | 3.5¢ | $18.09K | 496.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 29 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.7¢ | 65842 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 29 | 0.034 |
2 | 152033 | 0.033 |
2 | 90000 | 0.032 |
1 | 24998 | 0.031 |
6 | 480033 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.037 | 65842 | 1 |
0.038 | 70266 | 1 |
0.040 | 22368 | 1 |
0.041 | 30000 | 1 |
0.042 | 239824 | 4 |
Last trade - 15.55pm 30/07/2025 (20 minute delay) ? |
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