They just need to stop drilling and start developing once they have the granted mining leases. While they have de risked the geology and added tonnes of metal in the ground, by taking so long doing this they have just diluted shareholders and turned geological risk into execution risk/delayed gratification. Eleventy bazillion tonnes of metal in the ground is still worthless without a pathway to get it out of the ground profitably.
They need to make a decision about whether to build a mill or not, and where, and get it permitted like yesterday. And if they don't want to build a mill, they need to talk to someone else about filling their existing mill, like yesterday.
They need to pull their finger out and make a decision, or make a deal, inflation is going to be here for a while, construction and operating costs are only going in one direction and if they don't pull their finger out now they are going to miss the next metals commodity boom.
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And the price keeps going down ..., page-26
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $58.10M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 10.0¢ | $15.39K | 146.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 95006 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.0¢ | 57010 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 95006 | 0.100 |
1 | 50000 | 0.095 |
2 | 30111 | 0.090 |
1 | 100000 | 0.085 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.110 | 57010 | 1 |
0.115 | 25000 | 1 |
0.120 | 73824 | 1 |
0.125 | 2517 | 1 |
0.140 | 25000 | 1 |
Last trade - 14.38pm 05/09/2024 (20 minute delay) ? |
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