Hi Geo, I haven’t played around with miners this stretched before.
My bear case is that assets have been neglected to the point of needing major capital before the balance sheet improves (is this common with miners this stressed?)
Second concern is, since listing they’ve always been big on forecast but low on actual tonnes. How do you put any faith in future output?
That said, at this price it’s probably still worth a punt
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Last
14.5¢ |
Change
-0.020(12.1%) |
Mkt cap ! $243.0M | |||
| Open | High | Low | Value | Volume |
| 17.0¢ | 17.0¢ | 14.5¢ | $2.473M | 16.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 1699752 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 287337 | 2 |
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| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| CRN (ASX) Chart |