Three options maybe :
Do an NST , find an underpeforming mine, and bring RMS expertise to it
or a project with an EV discounted heavily to the NPV and develop it not necessarily gold could be a base metal .
Find a stranded resource close to their exisiting mills and truck the ore which is their modus operandi .
Their decision today on Edna means they can focus their minds on doing one of the above , - but of course the sp goes down with investors that do not accept that sometimes the correct decision is sometimes to mothball a project .
Ann: Edna May Stage 3 PFS Update, page-14
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Last
$2.16 |
Change
0.040(1.89%) |
Mkt cap ! $2.494B | |||
| Open | High | Low | Value | Volume |
| $2.19 | $2.20 | $2.14 | $6.902M | 3.202M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 221 | $2.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.16 | 36399 | 6 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RMS (ASX) Chart |