Seems like they at least know a time limit for when they will fold. IMO they have looked at the state of play of the ore body and will mine the easiest sections of gold to generate cash to pay creditors back. The rape and pillage will then lead to an extended time of mine cut backs and dewatering to enter the next ore zone which will prove unviable. The big boys get their cash and therefore don't get to much mud on their face.
Ann: Administrators Given Additional Time to Restructure, page-4
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Last
$1.89 |
Change
-0.030(1.56%) |
Mkt cap ! $2.422B | |||
| Open | High | Low | Value | Volume |
| $1.92 | $1.95 | $1.89 | $9.423M | 4.940M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19591 | $1.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 889 | 1 |
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| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| SPR (ASX) Chart |