I continue to be impressed by this company. After years of fighting the good fight, Directors putting in their own money and converting fees for their services, never blinking once in a battle of wills between the JV partners where failure ended in a shell. Steel in their spines, playing away from their home ground in difficult local conditions. Since re-listing with its last raise, the SP was a five bagger to this raise. I expect that those institutional and sophisticated funds that the Chairman spoke of are expecting five bags more. However, as we all know, one of the roles of The Market is to transfer wealth from the impatient to the patient (Warren buffet I think?). With COVID rampant in RSA, getting drill rigs on the ground may not be as straight forward or as quick and easy as we have come to expect over the years. But with the track record of this company in the face of adversity, I doubt its a question of "if" but "when".
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6.2¢ |
Change
-0.003(4.62%) |
Mkt cap ! $88.81M |
Open | High | Low | Value | Volume |
6.5¢ | 6.5¢ | 6.2¢ | $8.303K | 130.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 154545 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.5¢ | 19229 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 154545 | 0.062 |
1 | 83333 | 0.061 |
1 | 200000 | 0.060 |
1 | 17194 | 0.058 |
1 | 40000 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.065 | 19229 | 1 |
0.066 | 106561 | 1 |
0.067 | 105000 | 1 |
0.070 | 124762 | 3 |
0.072 | 101225 | 2 |
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