I don't know what to make of this. I thought Plutonic was looking like it was on the up, and looked forward to much lower AISC etc. Now they say it's for sale, when gold's sitting around $1,700 and they have plenty of cash and no debt.
In this: http://imagesignal.commsec.com.au/d...nZXNpZ25hbC9lcnJvcnBhZ2VzL3BkZmRlbGF5ZWQuanNw
It states Plutonic as playing a key role in NST's 700k per annum growth strategy.
What's thoughts people? Is this a positive or negative development?
Ann: Sale Process - Plutonic Operations, page-2
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Last
$14.49 |
Change
0.530(3.80%) |
Mkt cap ! $16.54B | |||
| Open | High | Low | Value | Volume |
| $14.21 | $14.50 | $14.17 | $24.51M | 1.709M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 4288 | $14.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.50 | 4371 | 23 |
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| Last trade - 11.32am 17/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |