its not debt its op size and lack of capital market connections
its a small mine - so it struggles during a bear market because its not big enough for an insto to take a core position and ignore the metal price up and down - but not a microcap small enough to attract punter retail en masse
being smaller scale makes it more an option play than a value play - regardless of value of plant
to this point theyve been unable to find the core bidders who;d buy this in volume - so its just going to rely on gold going back into a bull market
which is great if you're a punter willing to take risk because this becomes the first early adoption vehicle for instos if and when PMs do resume a bull market
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its not debt its op size and lack of capital market...
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $41.32M |
Open | High | Low | Value | Volume |
5.5¢ | 5.6¢ | 5.2¢ | $13.24K | 244.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5006 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.3¢ | 33612 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5006 | 0.052 |
1 | 20000 | 0.050 |
1 | 12000 | 0.047 |
1 | 711678 | 0.045 |
1 | 14000 | 0.042 |
Price($) | Vol. | No. |
---|---|---|
0.053 | 33612 | 1 |
0.055 | 45017 | 1 |
0.057 | 318489 | 1 |
0.058 | 1024750 | 1 |
0.059 | 383708 | 3 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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