Best thing would be to stop production. Hope Glencore pull out and sell it this thing for anything they can get over the current market cap. It's not a viable project, the resource is a scam (look at the converted reserve estimates), and that is why they have never had a serious take over offer.
Now with off takes "apparently" binding there is no chance of a sale. They literally have no options to finish this or sell out haha, it's incredible. I can see this going in a fire sale for sub 10c.
Best thing would be to stop production. Hope Glencore pull out...
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Last
24.0¢ |
Change
0.005(2.13%) |
Mkt cap ! $99.13M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 24.5¢ | 23.5¢ | $999.7K | 4.194M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 99166 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 136258 | 6 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
24.0¢ |
Change
0.005 ( 2.08 %) |
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| Open | High | Low | Volume | ||
| 23.5¢ | 24.5¢ | 23.5¢ | 1386665 | ||
| Last updated 15.55pm 21/05/2024 ? | |||||
| GLN (ASX) Chart |