James and team are doing a wonderful job. They are doing exactly what they said they were going to do and that is to turn Plutonic around and ignite catalyst into a high grade gold producing machine!
Give these guys a few more months and hopefully with a few less machine/truck purchases etc, this stock will rise in multiples from here into a Billion dollar company!
Simply put why should the company blow their horn loudly until they have got their mines in proper order to be producing cash for profit? Currently they are very smartly reinvesting in replacing old equipment etc. to make this baby rock and roll!
The previous owners did not give damn about making a profit. James has a very big point to prove and must get this up and running at full speed-IMHO he will!
I'm pretty sure that in the next 3 to 6 months this stock will take off properly!
IMHO We should all enjoy the current discounts while we can and keep quiet until this machine is ready to pump!
GLTAH+DYOR
P.S. Have a look at the management gold ounces produced bonuses and you will see a very direct picture of where this ship is headed in the not too distant future!
Well done team!!
Ann: Half year financial results, page-3
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Last
$1.08 |
Change
0.065(6.44%) |
Mkt cap ! $241.4M | |||
| Open | High | Low | Value | Volume |
| $1.02 | $1.10 | $1.02 | $290.2K | 274.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2540 | $1.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.09 | 8539 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| CYL (ASX) Chart |