800-900m vertical until virgin ore??? I just don't think it has been derisked enough the surface drilling done to date looked 'pretty good' if near surface or workings, but this deep??? I dunno mate. I tried reading the Jorc report but there's no detail to pick apart. MGV a little poddy but at least from surface. how is throwing all this capital playing into the schedule gap WGX cited when they bid for MGV it just doesn't make sense to me. I am a big bell converted fan it's the jewel in the crown but not convinced on the fingal.
maybe you're right give the MD some credit for the turn around that's fair. still my gut feeling is this is a bad move. big prize M&A needs cash not just script as we've seen with MGV. should have chased the nevernever imo.
Ann: 2023 Diggers and Dealers Presentation, page-53
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Last
$2.67 |
Change
-0.090(3.26%) |
Mkt cap ! $2.518B | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.82 | $2.67 | $25.21M | 9.186M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 51349 | $2.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.68 | 10000 | 1 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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