good feedback Guys, thanks,
I agree that once in production, all mines (Jervois included) will be great cash generators (the true measure of "worth").
My initial remark was commenting on what happens once Mr. Market perceives us (be it true or false) as a "copper miner". We will be in a situation where bad growth world news comes out, copper gets hammered, KGL get hammered worse. Ignoring the fact we are proucing gold for Zero cost. (The converse is true for being labelled a "Gold Miner" when producing mainly copper)
I guess all this is just stating that there are short term price aberrations, until the market correctly prices it. Buying opportunities. Efficient markets...bah ;)
intsol
good feedback Guys, thanks,I agree that once in production, all...
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Last
11.5¢ |
Change
0.010(9.52%) |
Mkt cap ! $65.23M | |||
| Open | High | Low | Value | Volume |
| 11.0¢ | 11.5¢ | 10.8¢ | $6.218K | 56.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 77340 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 242684 | 1 |
View Market Depth
| Last trade - 13.39pm 05/07/2024 (20 minute delay) ? |
| KGL (ASX) Chart |