The market is very imperfect.
It takes time for the market to adjust the SP.
Not all punters do researches b4 buying
N DVP is further away from getting their 15,000 ton/yr of Cu conc as compared to CYM
Same with KGL - 10 years? if the SH are lucky
I think, BC need to go get major project Status from the Minister. To fast track this project.
After All this is not a new mine. Only some shifting of some assets positioning which are all in the desert.
It is also about getting more new jobs for OZ. N not kill the Golden Goose that lays the golden egg with permits.
Or else timeline shift 6 months will cost us maybe $10m more in wages / other expenses for 6 extra months? Excluding the ordered items.
The light at end of tunnel only will be visible when all permits are in place. Only take time.
Look, BC's team had looked at hundreds of projects b4 decide on Niffy.
They try kill Niffy. But cannot. Sums add up.
Even if Cu price drop to US$3/lb Cu we will still make $
ASIC only expected to be US$2/lb.
If need CYM add CR, so be it.
So just need sit tight.
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Last
2.8¢ |
Change
-0.001(3.45%) |
Mkt cap ! $42.72M |
Open | High | Low | Value | Volume |
2.9¢ | 3.0¢ | 2.8¢ | $46.63K | 1.588M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 498785 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.0¢ | 1590304 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 498785 | 0.028 |
2 | 320000 | 0.027 |
1 | 335000 | 0.026 |
4 | 335931 | 0.025 |
2 | 372000 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.030 | 1590304 | 3 |
0.031 | 183774 | 1 |
0.032 | 51250 | 2 |
0.034 | 200000 | 1 |
0.035 | 33480 | 1 |
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