Excellent first off MRE, plenty of gold to start a small Heap Leach mine at say 10-20,000 ozs, even that will be very profitable at todays gold prices, considering AISC will be about $1000-$1500/oz.
This will establish a cashflow to finance further drilling along the "8km strike of unlimited potential for multiple deposits in a defined gold corridor", potentially to establish a multi million ounce resource like the adjacent Carosue Dam gold discovery.
Well done AP now for the Scoping Study.
With a market cap of $5 million, has to be one of cheapest gold companies on the ASX with a decent first up resource.
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Excellent first off MRE, plenty of gold to start a small Heap...
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8.1¢ |
Change
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Mkt cap ! $18.78M |
Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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8.7¢ | 205344 | 1 |
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1 | 500000 | 0.080 |
1 | 200000 | 0.073 |
1 | 140000 | 0.070 |
2 | 200000 | 0.068 |
Price($) | Vol. | No. |
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0.087 | 205344 | 1 |
0.088 | 12200 | 1 |
0.089 | 107635 | 1 |
0.090 | 50000 | 2 |
0.091 | 40043 | 1 |
Last trade - 10.22am 18/07/2025 (20 minute delay) ? |
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