They won't be big. It will be the deductions for costs of drilling, testing and salaries taken from the $14 million (2-3 month holiday pay) and where the best detection areas are for the next drills, like the 3rd and 4th with daughter holes in uncovering buried treasure.
Each dud hole will shrink the sp and the $14 million and may cause them to leave it in the ground like it was done ten years ago and we all lose our investment like so many other mining plays that have happened before us.
But the experienced management are confident more buried treasure will be found and the heights of the share price previously is evidence of confidence in this experience and detection methods.
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Last
5.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.89M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100000 | 5.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 10000 | 1 |
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| Last trade - 11.27am 17/06/2025 (20 minute delay) ? |
| CST (ASX) Chart |
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