releasing the MRE would be material changes and these are not allowed during the application for listing. The SEC would kill it immediately.
Also why directors can’t buy in this time for example.
A few more months wait.
Meanwhile Gold going up and inflation moderating globally. Rate cuts going to happen, appetite for explorers will increase. Especially those with government backing.
When this start to fall into place, this should rerate to 4-5 times current SP.
Still plenty of risk but less and less so every quarter.
Ann: Estelle Strategic Review Outcomes, page-39
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $34.09M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $66.62K | 463.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3165 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 35000 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| NVA (ASX) Chart |