Thought its pretty amazing news, yet no reaction sp wise
Lets look at the maths
15,000 ton of ore /mth @ >2gpt is approx. 964 oz/mth
964 x $1625 = $1,566,500 in gold /mth
WWI share at worst case, absolute worst case will be 0.5gpt or 1/4 of outputs
So 1/4 of 1,566,500= $391625 free cash/profit per mth
391k x 12= *$4.7 million free cash flow/profit p.a
All this for company with 1.3mill oz jorc resource, a MC of $8.2 mill
PLUS
Elephant country in Indo
No Debt
Still believe this company WWI is about to start to deliver in spades
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $35.53M |
Open | High | Low | Value | Volume |
1.3¢ | 1.4¢ | 1.3¢ | $43.48K | 3.173M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 347690 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.013 |
5 | 3814391 | 0.012 |
15 | 4207502 | 0.011 |
12 | 3843999 | 0.010 |
9 | 1718889 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 347690 | 2 |
0.016 | 374643 | 3 |
0.017 | 710953 | 5 |
0.018 | 873590 | 3 |
0.019 | 652232 | 2 |
Last trade - 14.35pm 05/07/2024 (20 minute delay) ? |
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