It looks like they needed the money to chase copper. If MTH had stuck to it's guns and did the JORC ore reserve promised 3 years ago they'd be sitting pretty right now. On todays announcement there must be 100,000 ounces at Spargos. That's $160 million gross. That could have been all for MTH. I suppose 15% is better than nothing ....... until Corona makes an offer they can't refuse.
It looks like they needed the money to chase copper. If MTH had...
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Last
14.5¢ |
Change
-0.005(3.33%) |
Mkt cap ! $14.87M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.5¢ | 14.5¢ | $50.68K | 339.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 27138 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 70000 | 2 |
View Market Depth
| Last trade - 15.34pm 29/07/2024 (20 minute delay) ? |
| MTH (ASX) Chart |