Loan approval still progressing, hopefully within Feb. It goes to show that if they do get all the loans approved how massive a milestone that would be. Banks do not give out millions in loans in these times that they do not expect to receive payback on (i.e. with interest and on time), so even the most negative downrampers would even be hard-pressed to not acknowledge how massive this will be.
Other comments down the end of the report are good too as they did not need to be added. 30,000 ore stockpile and gold pour by this year, as well as 70,000oz gold production in the next two years at costs of under $1,000 per oz. That means annualised profit of over $100mil USD a year, or $160mil AUD profit a year.
Not bad for a company with an MC of $40mil!
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2.7¢ |
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Mkt cap ! $70.96M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 3 | 151220 | 2.7¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1000000 | 1 |
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| Last trade - 16.12pm 13/06/2025 (20 minute delay) ? |
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