if the POG was > $AUD 3k per ounce, I suspect that Wiluna would be currently flourishing. The POG has an enormous impact in mitigating risk for any aspiring producer.
Youanmi is:
- a high grade deposit,
- has minimal permitting obstacles,
- has no existing out of the money hedging commitments that new producers have,
- a project with huge cash flow generating potential based on the PFS data.
Share trading volumes have been subdued. If Phillip Wilding can get some marketing traction behind the Rox story I would not place any limit on where the share price can go in the medium term.
if the POG was > $AUD 3k per ounce, I suspect that Wiluna would...
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Last
15.0¢ |
Change
0.015(11.1%) |
Mkt cap ! $61.58M | |||
| Open | High | Low | Value | Volume |
| 14.0¢ | 15.0¢ | 13.8¢ | $815.3K | 5.877M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 448762 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 244410 | 5 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| RXL (ASX) Chart |