Very well put - and very few explorers ever find anything let alone find it and put it into production. When I started investing it was a while before I figured out that the average explorer stock on the ASX probably only has a 1 in 200 chance of making you money - its more a lottery than a way to invest. These days I only invest in something that already has an income stream, or is going into production and is well funded like Alara.
Ann: Full Year Statutory Accounts, page-13
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Mkt cap ! $28.72M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13157 | 3.8¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 182983 | 2 |
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