Nothing overtly new...
No mention of Chris replacement - that's not a surprise but it does point towards a definitive issue that needed him to leave without notice
I note that Delphi are now at 5% so they're retaining that seat. As I mentioned in the other thread, I hypothesize that their rep and Chris might have had different views on strategy.
Long term strategy though... From the presentation it seems unchanged at the high level, which leaves me on shaky ground with my hypothesis.. Modular, value accretive strategy that could turn a 2-3 year investment here into many many bags, in my opinion. There's a chance they still look to reach feasibility study then accept offers for purchase of that project but I think it unlikely now.
Clearly they will look to drill project E next, and I'd follow to hear about that getting underway in Q3, although depends on costs for feasibility study of project O
I would like to see mention of intention to list on the Frankfurt exchange this coming FY
Great table below showing the high level comparison to BHPs multi billion dollar beast.... Which holds only 3x our resource, yet we aren't yet valued at $100m, and all it takes is to convert our resource up is a handful of holes. Great table
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Nothing overtly new...No mention of Chris replacement - that's...
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Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $3.849M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $809 | 268.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1839138 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 5990224 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1839138 | 0.003 |
6 | 11600000 | 0.002 |
4 | 31500000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 3990224 | 8 |
0.005 | 1301013 | 2 |
0.010 | 10000 | 1 |
0.000 | 0 | 0 |
0.000 | 0 | 0 |
Last trade - 15.59pm 04/07/2025 (20 minute delay) ? |
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