I have emailed the company in regards to more consistent communication news flow. I also asked them if it was possible to clarify via an announcement on what the PFS numbers are targeting. Its anyone's guess at present how much gold, copper etc could be produced per annum and since the AGM with bulk mining processing now the preferred option and as they have mentioned a significant increase expected for the resource at Rover 1 due to the assays from Hole 1 & 2 it would enable the market to better understand and value this business. Current market cap of around $30 million is a joke.
Price of Gold back to $1,850 USD with a slower then expected roll out of the vaccine in 2021 more stimulus will need to be obtained hence supporting Gold further. Copper is on a massive run and we are sitting on about 100k tonnes of high grade copper valued at $1 Billion AUD. 10k tonnes of Copper production per annum at current prices would equate to $78 million, almost 3 x our current market cap on copper alone not even looking at Gold production.
Usual issues with some of these juniors they go through many weeks of little to no communication that just puts pressure on the SP and devalues the company by almost 50% from very recent highs. Lets see if Castile management are going to improve in this aspect.
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I have emailed the company in regards to more consistent...
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Last
5.4¢ |
Change
0.002(3.85%) |
Mkt cap ! $16.51M |
Open | High | Low | Value | Volume |
5.4¢ | 5.4¢ | 5.4¢ | $3.726K | 69K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 55400 | 5.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 8000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 46000 | 0.054 |
1 | 199999 | 0.052 |
2 | 59110 | 0.051 |
4 | 151003 | 0.050 |
1 | 38173 | 0.048 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 8000 | 1 |
0.058 | 289560 | 2 |
0.062 | 99509 | 1 |
0.065 | 54563 | 1 |
0.066 | 8575 | 1 |
Last trade - 13.26pm 17/06/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ronald Miller, Non-Executive Director
Ronald Miller
Non-Executive Director
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