The Scoping study won't make any difference to the share price/market cap.
The market cap is $45million, way overvalued for a gold explorer in WA with such a poor strip ratio.
They will be lucky to still have $2.5m cash at bank today.
Ann: Quarterly Cash Flow Report - June 2022, page-25
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Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $55.43M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $38.48K | 285.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 77428 | 13.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 214871 | 5 |
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| Last trade - 14.59pm 27/09/2024 (20 minute delay) ? |
| RXL (ASX) Chart |