Someone will point out, the SP had already fallen quite a lot before the Mach 2023 rain event.
Copper and other prices were of course antediluvian headwinds for 29M.
Another issue was tailings facilities. The problem was existing capacity and getting approvals for expansion.
My previous post exposed my ignorance. The evaporation of 15 Olympic sized swimming pools per day seems doable but, per my post, you could also produce 15 such pools a day of waste water. What do you do with those? They are already constrained for tailings capacity.
More reading to do. I hope that the quarterly on Tuesday gives a heads up. Or, could it be the sort of thing that Matty on Money of Mine could let rip on?
Anyway, how are you all going on this nameless public holiday? Enjoying traffic and bogans?
IMHO DYOR
Someone will point out, the SP had already fallen quite a lot...
Add 29M (ASX) to my watchlist
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Last
46.5¢ |
Change
-0.005(1.06%) |
Mkt cap ! $326.3M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 47.5¢ | 46.5¢ | $850.5K | 1.813M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 74444 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 3977 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
47.0¢ |
Change
-0.005 ( 0.25 %) |
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| Open | High | Low | Volume | ||
| 47.5¢ | 47.5¢ | 46.5¢ | 368913 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| 29M (ASX) Chart |