Well its a bit exciting 60,000 oz of high shallow high grade gold open at along strike and at depth. With several mills that need ore close by so no real large construction costs or obstacles to get into production, just dig it up and truck it. So at $1,500 a ounce AUD that's about $90million worth as it is if they make 30% profit which would be conservative they make $27m in one years if they drill and ad more tones even better!!!
They have a market cap of $2m sounds ok to me they could then afford to pay a dividend or do some real exploration or buy another project. Sound cheap to me.
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Mkt cap ! $4.295M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $19.97K | 6.658M |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 1217538 | 4 |
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