No but my view is that they will initially enter tolling agreements with one of the many mills in the region. That revenue will be used to substantially reduce the cap-ex requirements if they decide to go down the refurbishment path. I actually feel that given Zetas past decisions, they'll be looking for a sale to one of the larger regional players who are very acquisitive and focused on resource consolidation at the current attractive AUD GP.
Watch out for a left field merger of HRN and GML if GML can lift their resources significantly by end 2022. Given the close proximity of their tenement boundaries the synergies would be considerable.
GLTAH DYOR
No but my view is that they will initially enter tolling...
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Last
28.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $40.55M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 23493 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 12671 | 1 |
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| Last trade - 16.12pm 14/06/2024 (20 minute delay) ? |
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