Here's my take on the various announcements.
Dragues1 was and remains a disaster. Federation can’t come soon enough. The money is in the ground2. We have the finance to get it out. In the meantime, the company is being run in a far more disciplined way than under Clifford. Wait.
Notes:
1.Dragues depreciation will have been a significant contributor to the net loss.
2.When I say the money is in the ground, using the NSR times the tonnages, across all mines the total is $2.46 billion.
Here's my take on the various announcements.Dragues1 was and...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $321.5M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 20.5¢ | 18.8¢ | $2.141M | 11.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 44 | 1591617 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 149433 | 11 |
View Market Depth
| Last trade - 11.45am 25/06/2025 (20 minute delay) ? |
| AMI (ASX) Chart |