Silver dore bars aren't 190% pure? I never knew that!!!?
Well they could do it all themselves, which I think is the better option, or they could use a refinery middleman but they will likely get screwed on this over time due to refinery capacity, chain of custody and other things. Again they don't necessarily have to convert 100% of their product to 999 silver, they could just do a percentage of it. And it is actually better if demand is greater than supply initially. Creates buzz. Online shop only, 2 extra employees to handle the in/out. It is simple and cheap.
Being Australia's version of First Majestic would be a massive boost for the share price and company brand. No denying it and it wouldn't cost much to do it. There is no one else in Australia that could do it like they could do it.
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-49
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Last
4.2¢ |
Change
0.001(2.44%) |
Mkt cap ! $35.00M |
Open | High | Low | Value | Volume |
4.3¢ | 4.4¢ | 4.1¢ | $136.1K | 3.168M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 540044 | 4.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.5¢ | 434270 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 78181 | 0.042 |
3 | 307022 | 0.041 |
1 | 100000 | 0.040 |
2 | 47300 | 0.037 |
6 | 377888 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.042 | 50000 | 1 |
0.045 | 434270 | 2 |
0.046 | 34386 | 3 |
0.048 | 577777 | 2 |
0.050 | 1652843 | 5 |
Last trade - 15.45pm 23/06/2025 (20 minute delay) ? |
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