It does say it all, it says that most of that 30km trend is in state forest and will never be mined.
The Capex is massive but so will be the Opex.
All the metals in their ore are such low grade that it will take a long time to get the separation right and the recoveries decent enough to be profitable.
It does say it all, it says that most of that 30km trend is in...
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Last
$1.12 |
Change
-0.060(5.11%) |
Mkt cap ! $433.6M | |||
| Open | High | Low | Value | Volume |
| $1.18 | $1.18 | $1.08 | $7.984M | 7.174M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 85126 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 10000 | 1 |
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| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
$1.13 |
Change
-0.060 ( 4.57 %) |
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| Open | High | Low | Volume | ||
| $1.17 | $1.17 | $1.08 | 1471311 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| CHN (ASX) Chart |