Some people may have been assuming that nothing was happening on the ground. Looks like its full tilt ahead for restart. The rest of the money is due to roll in moving forward. Drilling is also underway. The other two projects are seeing some work as well. These guys are just forging ahead. There is a reflection point this year. The stock will re-rate during the year and play catch up either into production, a new discovery or at start up. That is when the argument goes from 21c to 74c. Once the first mine is operational this year, they can use the cash flow to get cranking into the second mine. Its a basically a ponzi mine restart stock. Other miners are coming back into the job market via all the nickel mine closures and lithium mines going on hold. Assay costs would be dropping and turn around times will keep improving imo. I suspect rig costs will either plateau or start to drop as inflation pressures drop. Things are picking up and gold price is holding well even with the slowing rate drop expectations in the US. This might be the year of the cat. dyor
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Last
33.5¢ |
Change
-0.010(2.90%) |
Mkt cap ! $103.3M |
Open | High | Low | Value | Volume |
34.0¢ | 34.0¢ | 32.5¢ | $245.8K | 737.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 10000 | 33.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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33.5¢ | 101087 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 10000 | 0.330 |
3 | 83652 | 0.325 |
7 | 104505 | 0.320 |
4 | 254446 | 0.315 |
6 | 107321 | 0.310 |
Price($) | Vol. | No. |
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0.335 | 101087 | 1 |
0.340 | 84000 | 2 |
0.345 | 27151 | 2 |
0.350 | 39283 | 3 |
0.355 | 20400 | 2 |
Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
33.5¢ |
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Change
-0.010 ( 1.52 %) |
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Open | High | Low | Volume | ||
33.0¢ | 34.0¢ | 33.0¢ | 156187 | ||
Last updated 15.23pm 17/05/2024 ? |
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