I think this has been gone over a bit, but why do you think the SP should be higher? There is history on this project of not delivering what was promised: some from this current leadership team, but mostly previous attempts.A few months ago we were talking about defining resources, environmental approvals, further studies and finance to upgrade and restart operations - pretty exciting, but lots of risks yet to be resolved/mitigated.
At the moment it seems like they want to find/define a porphyry resource - potentially massive, but unattainable to develop for a small operator. So are they shaping for takeover instead? And is this just another non-delivery?Knowing all that, where do you think the share price should be?
I think this has been gone over a bit, but why do you think the...
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Last
0.7¢ |
Change
-0.001(12.5%) |
Mkt cap ! $7.826M | |||
| Open | High | Low | Value | Volume |
| 0.8¢ | 0.9¢ | 0.7¢ | $209.0K | 26.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 9214459 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 7360000 | 9 |
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| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| ADG (ASX) Chart |