This announcement means production is likely to increase by more than a ton a day..
That means an extra 30t per month at $25k plus per ton. That's a significant amount of $$ with improvements in metallurgical management. Likely to have more improvements to come.
They are driving towards profit.
The question for watchers of the stock. Do you acquire at discounted prices to Oaktree or Cronimet or do you wait until they deliver positive cashflows and watch others pick up the stock?
Apparently Kevin is seeing investors in some of the largest financial markets as part of the trip. Oaktree has a few contacts!!
This announcement means production is likely to increase by more...
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Last
3.4¢ |
Change
0.001(3.03%) |
Mkt cap ! $91.02M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.4¢ | 3.4¢ | $41.62K | 1.224M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 1450209 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 100000 | 1 |
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| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| EQR (ASX) Chart |