I don't think the drill results will attract any take over interest. I think the management want to turn this into a producer on their own and do all the heavy lifting themselves. The reports and timing is very methodical and consistent indicating they are setting this up for a capital raise to pursue production. Totally support this approach and hope this turns into a producer within 18 months which I think is feasible if they continue down the very solid road they are heading town.
I don't think the drill results will attract any take over...
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Last
36.0¢ |
Change
0.040(12.5%) |
Mkt cap ! $136.0M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 36.0¢ | 32.0¢ | $575.3K | 1.662M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 97082 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 171670 | 7 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| BC8 (ASX) Chart |