“Nobody wants refractory”
https://ausimm.com/bulletin/bulletin-articles/gold-concentrate-marketing-101/
12% of global gold production being sourced from concentrate seems pretty high to me to classify as “nothing” and “nobody” wants concentrate?
I have massive problems with the timing of this CR (before a PFS or a MRE announcement or a reasonable Gantt charted pathway to production being articulated and also after a loss of share price momentum that had legs for a good period of time) but when the CEO is buying shares on market (and cynically I believe he is extremely driven by self interest), when there is institutional support (with due diligence done by industry players/ experts/ consultants and not HotCopper keyboard warriors) I find it hard to believe that Youanmi has no value/future.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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8 | 1100484 | 12.5¢ |
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3 | 86699 | 0.110 |
2 | 19523 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 786667 | 4 |
0.140 | 345310 | 5 |
0.150 | 74109 | 4 |
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