VALUE -currently a Jeffries Find pit with enough money set aside to restart mining is worth ONLY $2.8m and with 20koz + to come DUE in 12 months with Munda pit close to mining behind it thrown in for FREE.
Sounds like the JEFFRIES FIND pit size will be LARGER given the higher than expected grade and 70% over yield ounces achieved to date and a higher gold price
To quote Dire Starits - "Money for Nothin' and your kicks for free".
AWJ have achieved FINANCIALLY what they wanted if they had gone alone and the gold price had sat at $2600/oz without having to raise the $7m equity to start mining with.
Magnificent.
VALUE -currently a Jeffries Find pit with enough money set aside...
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Last
34.0¢ |
Change
0.010(3.03%) |
Mkt cap ! $50.50M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 35.5¢ | 33.5¢ | $468.5K | 1.361M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 57230 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 40010 | 1 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| AWJ (ASX) Chart |