People sell down the stock on small volume as a given. We are now trading at a $70 in the ground price on the first 1m ounces and allowing for the cash. The Myhree deposit is running 3.5g/t. If management decided to run that through a purpose built plant, the profitability would be very high sub A$2000 gold imo. The pay back would also be extremely quick. I think the market doesn't think these things out but rather looks at spot and low volume. Buy the dips wont change for me. Bought more on every weak day as its the better way to accumulate over time. We are due ongoing drill result news and they just keep their heads down and get on with it.
People sell down the stock on small volume as a given. We are...
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Last
31.0¢ |
Change
0.005(1.64%) |
Mkt cap ! $95.65M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.5¢ | 30.5¢ | $122.3K | 390.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 216429 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 82658 | 4 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
31.3¢ |
Change
0.005 ( 2.46 %) |
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| Open | High | Low | Volume | ||
| 30.8¢ | 32.0¢ | 30.8¢ | 529579 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| BC8 (ASX) Chart |