I'm holding onto mine as the announcement suggests a profitable mine will be deliverable and once this becomes clearer, we'll begin our slow climb. Some of the traders were hoping for a huge resource even though our Executive Director specifically said in an interview that we weren't pursuing a huge resource.
I refer everyone to look at page 8 of the below link to see that the price per tonne is the driver of the market cap. These results suggest a high price per tonne should the flow rates be good.
http://goldphyre.com.au/gph/wp-content/uploads/2016/05/GPH-20150523-External.pdf
DYOR.
- Forums
- ASX - By Stock
- APC
- Ann: Maiden SOP Resource Estimate-GPH.AX
Ann: Maiden SOP Resource Estimate-GPH.AX, page-17
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add APC (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.070M |
Open | High | Low | Value | Volume |
0.1¢ | 0.1¢ | 0.1¢ | $4.1K | 4.1M |
Featured News
APC (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online