Now that the JV for iron ore agreement (only iron as we keep the rights for any other metals) has been completed with Gina and that Atlas has been appointed as project manager for the over 1.1Mt of magnetite resource at 34.9%Fe, we can:
☆wait for payment for the low grade toll treated gold in due course
☆explore for Ni and Cu at Mt Bevan
☆explore for Li, right next to RDT
☆wait for the price of gold to improve so we can toll treat more gold.
We should have about 12m in the bank, with no debt, and only about 350m SOI with about 70% of the shares owned by the top 20 holders.
My guess is that the price has been capped but the low liquidity of the stock makes it volatile so we might need more patience and give it time to catch up. I guess only upside from here. We have a magnetite resource been acted on by no ther than Gina Hancock. We have gold and might have Ni, Cu and Li. All that at an EV of under 50m. We need more patience
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Last
5.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.75M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 5.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.4¢ | 49998 | 2 |
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| Last trade - 16.21pm 30/07/2025 (20 minute delay) ? |
| HAW (ASX) Chart |
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