Thanks Binwood. So your price target is a buy at 20c? Fair enough. Not sure where you get your info on Tunkillia from.
Tunkillia is the last and most difficult of the 3 assets that WPG had. They mined out the rest of Challenger, and mined out Tarcoola. Those were the easy targets, and WPG still ended up in administration even with tackling the easy ones. Tunkillia was too hard for them, just as it has been too hard for everyone else who has owned it. It needs a mill, and there is a mozza of cover. I am not sure why you think adding ounces makes things better. The ounces being added are uneconomic, so it just makes getting it over the line more difficult.
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Open | High | Low | Value | Volume |
24.0¢ | 25.0¢ | 23.5¢ | $48.84K | 204.3K |
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---|---|---|
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1 | 30497 | 0.240 |
2 | 60000 | 0.235 |
3 | 40791 | 0.230 |
2 | 69773 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 384379 | 7 |
0.255 | 100 | 1 |
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