It's a good sign if you want some more
MCAP of 11.4m, they could very well have this much in cash in 6 or so months time. Not much risk left at this stage, toll treatment means as soon as the ore is ready it gets turned into gold, approval of MMP means they can get the ore to the plant, $6m USD loan facility of which they only $2.6m means they have the money to start with no dilution to shareholders and no hold ups with cashflow.
And when they finish mount porter with a pocket full of of cash they have other options for the future...
Someone please tell me what I'm missing here?
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Last
17.0¢ |
Change
-0.010(5.56%) |
Mkt cap ! $11.24M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $2.578K | 14.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1242 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 25086 | 2 |
View Market Depth
| Last trade - 12.40pm 24/06/2025 (20 minute delay) ? |
| AHK (ASX) Chart |