This is very true, but the fact no mining lease is granted yet and the main property purchase is yet to be completed actually protects us from the vultures for now. The moment both those are sorted it is game on! However until then, the risk is too high for most managements of mid to large cap resource companies to accept. Shareholders will not be a fan of spending hundreds of millions buying out a company without a mining lease or no guarantee of digging up the land.
Ann: Financial Report for the half year ended 31 December 2023, page-103
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Last
3.5¢ |
Change
-0.002(5.41%) |
Mkt cap ! $80.36M | |||
| Open | High | Low | Value | Volume |
| 3.7¢ | 3.9¢ | 3.5¢ | $110.3K | 3.040M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1312392 | 3.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.6¢ | 200000 | 1 |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
3.6¢ |
Change
-0.002 ( 6.58 %) |
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| Open | High | Low | Volume | ||
| 3.8¢ | 3.8¢ | 3.5¢ | 2119775 | ||
| Last updated 15.33pm 31/05/2024 ? | |||||
| AUC (ASX) Chart |