To be fair, it wouldn't matter if 2m oz resource and gold was still flying, so makes sense no point spending $ expanding it. Problem is who is going to fund $163m of preproduction capex on $20m of MC.
That said, if majors generated a view it could be 2-3 times larger then presented then there might all of a sudden be some interest and run it up as a stand alone project.
Unless there is a low capex way to get some gold out and monetised, it's going to be tough for the SP to take off ?
To be fair, it wouldn't matter if 2m oz resource and gold...
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Last
5.8¢ |
Change
0.001(1.75%) |
Mkt cap ! $17.84M | |||
| Open | High | Low | Value | Volume |
| 5.8¢ | 6.0¢ | 5.5¢ | $50.78K | 874.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93500 | 5.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.0¢ | 74552 | 1 |
View Market Depth
| Last trade - 13.08pm 21/05/2024 (20 minute delay) ? |
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Last
5.9¢ |
Change
0.001 ( 7.27 %) |
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| Open | High | Low | Volume | ||
| 5.9¢ | 5.9¢ | 5.5¢ | 222927 | ||
| Last updated 11.44am 21/05/2024 ? | |||||
| MM8 (ASX) Chart |