Just keep on drilling and sooner or later resource levels are often replenished. The focus on LOM whilst may be a concern to analysts and thus impact on their view on a company's valuation, is also a concern for the company in question and a proactive management team mitigates these risks by drilling and perhaps with looking at acquisitions. Either way, extensions to mine life whilst not assured, often occur. Thus the negative views on a relatively short mine life seem a little over done.
Just keep on drilling and sooner or later resource levels are...
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Last
19.0¢ |
Change
-0.005(2.56%) |
Mkt cap ! $183.8M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 19.5¢ | 18.8¢ | $222.9K | 1.168M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 605000 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 10008 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| AIS (ASX) Chart |