Just having a catchup and a few thoughts , it's disappointing to see the dilution and the fall in SP so lets look for the positives , (1) at least we will be mining 7 months after deal is implemented (2) we are waiting for an improved resource upgrade and increased mine life (3) the important one let's assume we see a mine plan of 60,000oz per year up 16000oz from study that's conservatively around $60million profit which will fund mine 2 at that point we should see the SP fly and 500,000 shares on issue will start to look minimal when owning 2 mines with one to come . Also plenty of interest in Apollo which could easily be a game changer so what's actually happened is we are fully funded but delayed so patience required as they say good things take time , fingers crossed .
Just having a catchup and a few thoughts , it's disappointing to...
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Last
26.0¢ |
Change
-0.005(1.89%) |
Mkt cap ! $80.22M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 26.0¢ | $68.25K | 261.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 223696 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 25000 | 1 |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
26.0¢ |
Change
-0.005 ( 1.89 %) |
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| Open | High | Low | Volume | ||
| 26.5¢ | 26.5¢ | 26.0¢ | 41993 | ||
| Last updated 14.47pm 03/05/2024 ? | |||||
| BC8 (ASX) Chart |