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
3.7¢ |
Change
0.003(8.82%) |
Mkt cap ! $28.20M |
Open | High | Low | Value | Volume |
3.5¢ | 3.8¢ | 3.5¢ | $69.06K | 1.902M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 80001 | 3.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 442823 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 80001 | 0.036 |
4 | 229785 | 0.035 |
2 | 129000 | 0.034 |
1 | 500 | 0.033 |
4 | 271152 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 442823 | 3 |
0.040 | 546938 | 1 |
0.041 | 224095 | 2 |
0.042 | 238095 | 1 |
0.045 | 92902 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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