Thirteen months ago investors bought 36.5mil shares @ $1.50 in the Placement & SPP and now here we are on the cusp of operating Plant#1 and moving from a rate of 37.2k ozs produced in the year to 31Mar24 to potentially producing 120k ozs in the year commencing 1Jul24 and the gold price has moved from US$1970 at 31Mar23 to US$2300 currently and yet the share price has only progressed to $1.55 from 13 months ago with the same number of shares on issue - it just doesn't make any sense to me - has everyone lost their head? I suppose all I can do is keep on buying.
Don't anyone gazump me in the morning.
Ann: Chatree Gold Mine Update, page-100
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Last
$1.37 |
Change
0.005(0.37%) |
Mkt cap ! $353.1M | |||
| Open | High | Low | Value | Volume |
| $1.37 | $1.39 | $1.36 | $124.1K | 90.58K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5306 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 344 | 1 |
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| Last trade - 13.12pm 21/08/2024 (20 minute delay) ? |
| KCN (ASX) Chart |