Well of course it doesn't care about any hypothesis some random Avatar puts up on Social media platform, in order to
A. Identify a near term production based NPV which he hopes is greater than current MC & by some margin.
B. Then when safe in the knowledge the gold that underpins the early production covers his investment entry price so as to give a tiny bit of confidence the bottom wont fall out of the chart support, failing any unforeseen doomsday event, & therefore should remain on critical path timeline to deliver pre & post production Milestones in a timeframe that may not req another CR (& all paid for & planned by someone else LHBM bless em)
Which then leaves our intrepid spec gold speculator to try & decipher a market release that resembles more a PHD thesis on Complex Folded Sheer Relief Structural Fractures in West Australian Orogenic type Dual Mineralisation Gold Deposits, than it does a blazing one liner that repears the word Bonanza 3 times in the first two paragraphs..
DTR rose 50% yesterday on an Ann saying they may have potential Breccia Systems ! Which we all know can contain high grade deposits. Now it's much easier to say you have potentially got them than to actually drill and prove it so I do wish them all the luck..
I also wish I had of jumped on the Damn thing when I first came across it after the pure genius play of the "Trump" mention.
That is known in the add world as a gold plated guaranteed Hook of the highest quality. Coupled with a Scoping Study that stated $235musd NPV which strangely enough still had a gold price of $2200 as a strategic variable.. Which meant the 47% uplift to real value blew away any down side to the +/- 30% accuracy factor Scoping Studies are held to which then meant the NPV had to be real or even understated.. $235musd v $20+m aud MC was a glaring 10 bag discrepancy every day of the week..
I foolishly stayed out after a fellow investor who'd looked at them before was suss on management...
Which is fine if you are looking at taking a project from conception all the way through to first pour..
But if your sole vision is to ride this freight train for as long and as hard as you can whilst raising along the way then you don't want good management you want at least one or two of the best sales people / script writers you can find to spin hopes & dreams into solid gold..
The MC is now $400m.. Totally incredible & totally believable as a typical Dogback e coin type play..
So yes back to our point, you're right. The market doesn't care & I do hope our diligent management team are taking notes on how to promise now & pay later.. ;-)
Gltah.... H8tey
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Last
6.9¢ |
Change
-0.002(2.82%) |
Mkt cap ! $16.03M |
Open | High | Low | Value | Volume |
7.1¢ | 7.1¢ | 6.9¢ | $22.49K | 322.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 19500 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.9¢ | 32092 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 31908 | 0.069 |
2 | 19500 | 0.068 |
3 | 42760 | 0.065 |
1 | 42000 | 0.064 |
1 | 165000 | 0.062 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 88641 | 3 |
0.072 | 15000 | 1 |
0.073 | 45528 | 2 |
0.074 | 36926 | 2 |
0.078 | 64307 | 2 |
Last trade - 11.40am 17/06/2025 (20 minute delay) ? |
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