Went back over it carefully today and came out thinking I won't comment further, but of course I always do. I think we've got a bit more of the picture with this latest quarterly but the more one looks at it the more it becomes clear what a complicated venture this is. Except as a punter, I'm not qualified to make any sensible comment on the processes involved; I was at a loss to understand the significance of the smelter, I always thought we were shipping concentrate, maybe I missed something along the way. Anyway, leaving all that to the experts, the number one thing in a shareholder's mind is the finance. The comment from HQ is that their initial foray with the low capital cost model has received a positive reception from potential backers, good as far as it goes but we need something a lot more concrete ASAP.
Finally, to finish on a positive note, as I like to do, at a market cap of about $4m the market has all but written this one off, but I think judging by the fevered activity going on in the background, as written up in the quarterly, there is still a focus on making this work and no one who could say 'NO' has, in fact, done so.
Therefore, I continue to retain hope that our fortunes will turn around soon . . er . . one day.
B22.
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Last
0.7¢ |
Change
0.001(16.7%) |
Mkt cap ! $8.054M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $5 | 732 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 2650386 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 1027766 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 2650386 | 0.006 |
5 | 1326833 | 0.005 |
5 | 9800000 | 0.004 |
3 | 2300000 | 0.003 |
1 | 1200000 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 1027766 | 2 |
0.008 | 3348926 | 9 |
0.009 | 3213658 | 4 |
0.010 | 1718635 | 6 |
0.011 | 3175500 | 3 |
Last trade - 12.58pm 04/09/2024 (20 minute delay) ? |
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