I’m also scratching my head as to how this fell so much. Even with current prices they are funded to become a 20kt+ operation which would be around $33mil a year mine prifit, enterprise value is less than $100mil
interesting read, sounds like inventories have peaked (phew) https://www.mining.com/web/chinese-copper-exports-fall-from-record-as-local-demand-rebounds/
it was all a side effect from the copper peaking in May
I’m also scratching my head as to how this fell so much. Even...
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $180.4M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.0¢ | 31.5¢ | $544.7K | 1.681M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 50475 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 37003 | 2 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| A1M (ASX) Chart |