No hope for these guys without a new leadership team.
Open Pits had a 3.6g/t (reserve grade) for the past 6 x quarters but has only delivered ~1.7g/t.
Obviously, this is a geology/block modelling issue that sits squarely at the feet of Pantoro.
Given that 66% of the reserves of Norseman are open pit mineable, on past performance, Pantoro will repeat simliar outcomes.
Company needs new Corporate team to get the best out of the asset.
DYOR
No hope for these guys without a new leadership team.Open Pits...
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Last
8.7¢ |
Change
0.006(7.41%) |
Mkt cap ! $452.7M | |||
| Open | High | Low | Value | Volume |
| 8.2¢ | 8.9¢ | 8.2¢ | $1.313M | 15.32M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 178497 | 8.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.7¢ | 253694 | 2 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
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Last
8.7¢ |
Change
0.006 ( 7.41 %) |
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| Open | High | Low | Volume | ||
| 8.3¢ | 8.8¢ | 8.3¢ | 2473843 | ||
| Last updated 15.44pm 16/05/2024 ? | |||||
| PNR (ASX) Chart |